Edtech platform Unacademy, backed by Facebook and Sequoia, on Tuesday said that it led a strategic investment of $5 million to acquire a majority stake in Mastree, a leading K12 learning platform. This investment will further strengthen Unacademy’s presence in the K12 learning space.
In addition to the investment, Unacademy has provided venture fund Blume Ventures an exit, the company said in a statement.
