Sometimes, startup ecosystems don’t expand loudly. Instead, they expand quietly, through people. People who work at one high-intensity company learn how scale really works, understand hiring, product velocity, execution pressure, and then, over time, step out to build companies of their own.
That is exactly what has happened with Unacademy.
And when we map the data across 31 companies founded by Unacademy alumni, across incorporation dates, sectors, employee strength, founder education, and last reported valuations, a very clear, very measurable pattern emerges.
The 31 Companies Built by Unacademy Alumni
These are not side projects. These are registered companies, building across sectors, hiring teams, and raising capital.
The Unacademy Mafia includes:
| Trade Name | Founders | Incorporation Year |
| 100xEngineers | Siddhant Goswami, Zahed Khan | 2023 |
| Airtribe | Dhaval Trivedi, Navneet Sharma | 2021 |
| Apna College | Aman Dhattarwal | 2022 |
| Awshar AI | Ankit Narang | 2023 |
| BabyBillion | Dinesh Godara | 2022 |
| Cozy Bear | Sidak Saluja | 2024 |
| Ctruh | Vinay Agastya | 2022 |
| DelightChat | Preetam Nath | 2020 |
| ELUNO | Abhinav Agarwal | 2023 |
| Emversity | Vivek Sinha | 2023 |
| Entvin | Rishabh Arya | 2022 |
| FitHead | Tarun Kushwaha | 2024 |
| Futurus | Harshit Bansal | 2022 |
| Fyn | Niroop Janardhanan | 2013 |
| Genius Labs | Ashin Jain | 2023 |
| Graphia AI | Pratiksha Dake | 2024 |
| Ikkasa | Sunita Singh | 2024 |
| Infinyte | Ankita Tandon | 2022 |
| IntuitEV | Jayanth Varanasi | 2024 |
| KNOT | Archit Nanda | 2022 |
| LightFury Games | Tina Balachandran, Karan Saroff | 2018 |
| Newton School | Nishant Chandra | 2018 |
| Pulse Energy | Akhil JP | 2021 |
| Revspot | Darshan Subash | 2024 |
| Skalix.AI | Abhilasha Dwivedi, Abhilaksh Karthik Kailas | 2025 |
| Snazzy | Ayush Pateria | 2020 |
| StoxHero | Manish Nair | 2023 |
| SuperKalam | Vimal Singh Rathore | 2023 |
| Superleap | Subham Boundia, Alok Maurya, Saurabh Maheshwari | 2021 |
| VaraHR | Mrityunjay Saini | 2025 |
| Weekday | Anubhav Malik | 2020 |
Note: This is not an exhaustive list
Seeing the names together makes one thing obvious:
This is a startup cluster, not a coincidence.
First, the Scale of What Has Already Been Built
From your dataset, 31 identified companies started by Unacademy alumni today collectively represent:
₹2,547.97 Crores in the last reported valuation
This is not Unacademy’s valuation. This is the combined valuation of companies created by people who once worked at Unacademy. Which means one company has indirectly seeded ₹2,500+ Cr of startup value into the ecosystem. And importantly, most of these companies are very young. Which means the real scale is still ahead.
Next, Look at the Founder Background. This Is Not Random Talent
When we map the alma mater of these founders, something striking appears.
~19.7% of founders come from Tier-1 institutes such as:
- IITs
- IIMs
- ISB
- MIT
At the same time, we also see founders from:
- Dhirubhai Ambani University
- VIT
- Sikkim Manipal University
- St. Joseph’s College
- DIT University
- MIET
- GGSIPU
- And many more
This tells us something extremely important. Unacademy did not just hire pedigree. It created founder capability across backgrounds. It became a place where execution experience mattered more than college tags, and that experience is now visible in the quality of companies being built.
Then, Observe the Sector Spread, This Is Not EdTech 2.0
If Unacademy alumni were only building EdTech startups, this would be predictable. But our sector split shows something very different.
These 31 companies are spread across:
Meanwhile, The Employee Strengths Tell a Serious Story
Analysis
- These Unacademy Mafia startups together account for 944 employees as per EPFO (Aug 2025 wage month).
- However, three companies alone, Emversity (336), Newton School (306), and Fyn (112), contribute 754 jobs, nearly 80% of the total.
- Meanwhile, a visible cluster of companies sits in the 20–60 employee range (Weekday, Revspot, Superleap, Airtribe, LightFury), indicating active scaling.
- Even the smallest firms (BabyBillion, Ctruh, SuperKalam) are already on payroll, indicating real operations, not idea-stage projects.
- Several companies, including KNOT, Entvin, Genius Labs, Ikkasa, Infinyte, IntuitEV, Apna College, ELUNO, Cozy Bear, Pulse Energy, Skalix.AI, Snazzy, and StoxHero, show “No Payment Details”, suggesting early-stage or unreported EPFO data.
Now, The Incorporation Pattern Becomes Even More Interesting
When you map incorporation years from your sheet, a visible spike appears post-Unacademy’s hyper-growth phase.
During the period of 2023, there was a notable increase in the number of mafia companies launched. This is classic ecosystem behavior.
It happens when:
- Employees see the scale from the inside
- They understand what works and what breaks
- They gain confidence
- And then they start building
Therefore, A Pattern Is Impossible to Ignore
| Factor | What the Data Shows |
| Total companies mapped | 31 |
| Combined valuation | ₹2,547.97 Cr |
| Tier-1 founder background | ~19.7% |
| Sector spread | 10+ sectors beyond EdTech |
| Employee strength | Many with 1 to 300+ |
| Incorporation trend | Post Unacademy scale |
This is not a coincidence.
This is what happens when a company becomes a founder training ground.
Finally, Why This Matters More Than It Seems
This analysis is not interesting because of nostalgia. It is powerful because of prediction.
If you can identify:
- Which companies produce strong founders
- Which alumni networks are building startups
- Which early companies are gaining employee strength
- Which ones are already valued in hundreds of crores
You can see the next wave of important startups before they become obvious. And that is an unfair advantage.
Conclusion
Unacademy did not just build an EdTech unicorn.
It built:
- 31 companies
- ₹2,547.97 Cr in startup value
- Founders across 10+ sectors
- A generation of operators turning into entrepreneurs
The Unacademy Mafia is no longer a concept. It is visible in the data. It is measurable in valuation, and it is expanding quietly across the Indian startup ecosystem.
PrivateCircle helps you spot patterns like the Unacademy Mafia early, by tracking founders, incorporations, sectors, employee strength, and valuations before the rest of the market notices.