Unacademy, the Indian learning platform has acquired TapChief, the professional networking and future-of-work platform. As part of the deal, Unacademy will acquire a majority stake in TapChief, enabling the existing investors to exit.
This acquisition will make TapChief a part of the Unacademy Group with a valuation of Rs. 100 Crores.
TapChief leverages a host of technology solutions to empower professionals to interact and learn from experts, work with businesses from across the world, and aggregate their personal brand online. It has over 1,50,000 professionals registered as users. It helps users collaborate with experts from their chosen domains and take up short-term professional projects.
Gaurav Munjal, co-founder and CEO, Unacademy Group, reveals, “Our endeavour at Unacademy has always been to democratise education and make learning accessible and affordable for everyone. TapChief shares a similar ethos in a different space, as evident from the open community of professionals and learners they’ve created. They have delivered promising results in a short span of time.
Sharing Munjal’s excitement, Shashank Murali, co-founder and CEO, TapChief, says, “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”. Being part of the Unacademy Group will only help them “carry forward our mission at a greater scale and fervor.”
Founded in 2016 by BITS Pilani alumni, Shashank Murali, Binay Krishna, and Arjun Krishna, TapChief caters to over 150 enterprise customers across sectors such as education, FMCG, e-commerce, enterprise SaaS, upskilling, among others. Professionals on TapChief have completed over 50,000+ gigs for Fortune 500 Companies, Unicorns, Venture-backed Startups and SMBs in India.
Bangalore-based Unacademy was founded by Gaurav Munjal, Roman Saini, and Hemesh Singh in 2015. It has a growing network of 49,000+ registered educators and over 40 million learners. It is imparting education to students across 5,000 cities in India, in 14 Indian languages.