Startup Atlas · EdTech

Unacademy Unicorn (peak $3.44 Bn valuation, 2021)

Sorting Hat Technologies Private Limited ● Bengaluru, Karnataka ● Founded 2015 ● unacademy.com ↗
Gaurav Munjal · Co-Founder & CEO Roman Saini · Co-Founder Hemesh Singh · Co-Founder & CTO
$787 MnTotal funding (tracked)
9Funding rounds
2 Aug 2021Last round
1,799Team size (sourced)

Unacademy: Financial Breakdown

Figures below are FY25, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Rs 826.3 crore total revenue, down ~16% YoY from Rs 988.4 croreTotal revenue · -13.7% YoY
EBITDA loss of Rs 305 crore, down 38% YoY from Rs 489 crore in FY24EBITDA
Net loss of Rs 436 crore, down 31% YoY from Rs 631 crore in FY24Net loss · loss narrowed 28.7% YoY

Revenue by fiscal year

0255075100125$MRs 65 crore revenue from operations (up 5.6X from Rs 11.7 crore in FY19); Rs 86 crore total income incl. other income: $7.7M7.7FY20Rs 398 crore revenue from operations, up 6.1X YoY: $47.4M47FY21Rs 719 crore revenue from operations, up 80.7% YoY; Rs 844 crore total revenue incl. ~Rs 125 crore other income: $85.6M86FY22Rs 1,044 crore total revenue (Rs 907 crore revenue from operations, up 26% YoY): $124.3M124FY23Rs 988.4 crore total revenue, down 5.33% YoY from Rs 1,044 crore: $117.7M118FY24Rs 826.3 crore total revenue, down ~16% YoY from Rs 988.4 crore: $99.4M99FY25

Net profit / loss by fiscal year

-400-300-200-1000$MNet loss of Rs 300.8 crore, up 3.3X from Rs 90.3 crore in FY19: $-35.8M-36FY20Net loss of Rs 1,537.5 crore, up nearly 6X YoY: $-183M-183FY21Net loss of Rs 2,848 crore, up over 85% YoY: $-339M-339FY22Net loss of Rs 1,678 crore: $-199.8M-200FY23Net loss of Rs 631 crore, down 62% YoY (The Arc reports Rs 628 crore for same fiscal year): $-75.1M-75FY24Net loss of Rs 436 crore, down 31% YoY from Rs 631 crore in FY24: $-52.5M-53FY25

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY25 Rs 826.3 crore total revenue, down ~16% YoY from Rs 988.4 crore — EBITDA loss of Rs 305 crore, down 38% YoY from Rs 489 crore in FY24 Net loss of Rs 436 crore, down 31% YoY from Rs 631 crore in FY24 source
FY24 Rs 988.4 crore total revenue, down 5.33% YoY from Rs 1,044 crore — EBITDA loss of Rs 489 crore, down from Rs 1,553 crore in FY23 Net loss of Rs 631 crore, down 62% YoY (The Arc reports Rs 628 crore for same fiscal year) source
FY23 Rs 1,044 crore total revenue (Rs 907 crore revenue from operations, up 26% YoY) — EBITDA loss of Rs 1,553 crore Net loss of Rs 1,678 crore source
FY22 Rs 719 crore revenue from operations, up 80.7% YoY; Rs 844 crore total revenue incl. ~Rs 125 crore other income Rs 3,703 crore, up 82.4% YoY EBITDA margin -324.46% (absolute EBITDA loss not separately disclosed) Net loss of Rs 2,848 crore, up over 85% YoY source
FY21 Rs 398 crore revenue from operations, up 6.1X YoY Rs 2,030 crore, up 4.5X YoY EBITDA margin -320.3% (absolute EBITDA loss not separately disclosed) Net loss of Rs 1,537.5 crore, up nearly 6X YoY source
FY20 Rs 65 crore revenue from operations (up 5.6X from Rs 11.7 crore in FY19); Rs 86 crore total income incl. other income Rs 386.6 crore (up 3.3X from Rs 112.2 crore in FY19) EBITDA margin -456.72% (absolute EBITDA loss not separately disclosed) Net loss of Rs 300.8 crore, up 3.3X from Rs 90.3 crore in FY19 source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com · Last verified 7 Sep 2026. · Report a correction