Edtech unicorn Unacademy has announced that it has signed a deal to acquire TapChief, a professional networking and ‘future-of-work’ platform. The deal is estimated to be valued at about 100 crore.

As part of the deal, Unacademy would acquire a majority stake in TapChief, and would make way for the exit of all existing investors. However, post the acquisition, TapChief will join the Unacademy Group.

TapChief has been established in 2016 by BITS Pilani alumni, Shashank Murali, Binay Krishna, and Arjun Krishna. It 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. the startup caters to more than 150 enterprise customers across sectors such as education, FMCG, e-commerce, enterprise SaaS, upskilling, amongst others.

It claims to have around 1.5 lakh registered professionals, who use the platform to associate with a host of experts from their chosen domains and take up short-term professional projects.

In a statement, Gaurav Munjal, Co-Founder and CEO, Unacademy Group said, “Our endeavor at Unacademy has always been to democratize 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.”

Gaurav says, “Shashank and his team have delivered promising results in a short span of time and I am delighted to welcome the TapChief team to the Unacademy Group.”

According to the company, TapChief has completed more than 50,000 gigs for Fortune 500 companies, unicorns, venture-backed startups and SMBs in India.