Bengaluru-Based Edtech Unicorn ‘Unacademy’ Acquires Majority Stake In ‘TapChief’
Bengaluru-based edtech unicorn Unacademy has acquired a majority stake in TapChief.
TapChief is a tech startup that provides the easiest way for businesses and professionals to connect with experts, on-demand.
Post the acquisition, TapChief will join the Unacademy Group with a valuation of Rs 100 crore. TapChief’s existing investors have now gotten an exit from the startup.
TapChief, on its website, stated,
“Our journey started in 2016 as college students with a mission to empower the modern professional with great technology. After empowering over 150,000+ solopreneurs to work with 250+ customers, driving over 20Cr+ in incomes, we’ll be starting a new chapter in our journey with one of India’s Unicorns!”
Founded by BITS Pilani alumni — Shashank Murali, Binay Krishna, and Arjun Krishna in 2016, TapChief currently has over 150,000 registered professionals, that collaborate with a host of experts from their chosen domains and take up short-term professional projects.
Talking about the acquisition, Shashank Murali, Co-founder and CEO of TapChief, said in the statement,
“TapChief’s mission has been to empower the modern Indian professional with access to a wide array of opportunities that enhances their career and growth. Starting from college as undergraduate students to becoming a part of one of India’s best-known unicorns has been a dream come true for a young team like ours. We are excited to learn from the Unacademy team and carry forward our mission at a greater scale and fervour as part of the Unacademy Group.”
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