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Byju's first came on board back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.
While BYJU's has already opened offline tuition centres, Unacademny has announced to open coaching centres nation-wide, starting with Kota in Rajasthan which is the coaching hub for engineering entrances.
Covid-19, which wreaked havoc across the globe in the last two years, came as a boon for online businesses, particularly online education, which saw BYJU's, and later, WhiteHat Jr, growing in leaps and bounds.
Financial details of the agreement were not announced.
The Edtech major reportedly has about 12,000 employees and trainees.
Byju's is backed by marquee investors, including General Atlantic, Sequoia Capital, the Chan-Zuckerberg Initiative, Naspers, Silver Lake and Tiger Global.
The study-from-home trend which has been promoted on the back of the pandemic led Raveendran and Family's fortune to grow 19 per cent year-on-year to Rs 24,300 crore.
The upcoming ISL season will see the two brands step into their second year as partners.
The startup also announced Rs 1 crore for each of the other five individual medallists, who brought laurels to the country at the Tokyo Olympics.
The total number of unicorns worldwide is 708 with a valuation of $ 2319 billion. Chinese company Bytedance, the parent company of TikTok, is the most valuable startup in the world with a valuation of $140 billion.