SoftBank Group Corp. is leading a round of venture investment in India’s education startup Unacademy, boosting its valuation to $1.45 billion as online learning surges during the coronavirus pandemic.

— Mint

IndusLaw advised Sorting Hat Technologies Private Limited (Unacademy) led by a team of partner Suneeth Katarki (senior partner) along with partner Rashi Saraf and partner Siddharth Manchanda represented Unacademy, , Other Team Members Ankita Gupta, Manisha Nayak and Nishihi Shah.

Bharucha & Partners advised General Atlantic led by a team of partner Vandana Pai, associate Aditi Mallavarapu, and associate Ayush Jain.

Khaitan & Co advised Softbank led by a team including partner Bharat Anand, principal associate Nidhi Killawala and senior associate Bhavna Pattanaik.

Khaitan & Co advised Softbank (SB Investment Advisers (UK) Limited) led by a core team comprising of partner Bharat Anand, principal associate Nidhi Killawala and senior associate Bhavna Pattanaik with assistance from due diligence (DD) aspects in corporate from senior associate Akshay Kumar Sharma, senior associate Shivam Tandon and senior associate Sushmita Sarin, in intellectual property from partner Shailendra Bhandare, senior associate Sourav Dan and associate Rhea Ghanshani, in data privacy from partner Supratim Chakraborty, senior associate Sumantra Bose and associate Sneh Lata, in employment law from partner Anshul Prakash and principal associate Abhinav Rastogi, and Regulatory inputs partner Monika Srivastava.

2020-09-01

Deal value: $150m

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