NEW DELHI: Unacademy has announced the acquisition of TapChief, a leading professional networking and future-of-work platform. As part of the deal, the ed-tech firm will acquire a majority stake in TapChief, and enable the exit of all existing investors. Post the acquisition, TapChief will join the Unacademy Group with a valuation of Rs 100 crore.

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. TapChief has 150,000+ registered professionals who use the platform to collaborate with a host of experts from their chosen domains and take up short-term professional projects.

“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. Shashank and his team have delivered promising results in a short span of time,” said Unacademy Group co-founder and CEO Gaurav Munjal. 

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 start-ups and SMBs in India.

"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. Starting from college as undergraduate students to becoming a part of one of India's best-known unicorns has been a dream come true for a young team like ours. We are excited to learn from the Unacademy team and carry forward our mission at a greater scale and fervour as part of the Unacademy Group,” said TapChief co-founder & CEO  Shashank Murali.