Serial entrepreneur Bhavin Turakhia made his first ever angel investment in online learning platform Unacademy, as part of its $440 million round at a $3.4 billion valuation.
Turakhia invested $10 million along with Dragoneer Investment Group. He has been on Unacademy's board since 2017.
Turakhia, founder and CEO of banking software platform Zeta, also shares SoftBank as a common investor in the two companies.
Dragoneer first invested in November 2020 via a secondary transaction, where it acquired stakes from existing investors.
Turakhia and Munjal go back more than a few years. Munjal had told Moneycontrol in its Twitter Spaces show, All About Books, that he looks to Turakhia for book recommendations, among other things.
Unacademy raised $440 million last week from investors including Temasek, Mirae Asset, Tiger Global and SoftBank.
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