Top startup entrepreneurs including Flipkart's Sachin Bansal , Binny Bansal, Paytm's Vijay Shekhar Sharma , and FreeCharge's Kunal Shah have backed Unacademy , participating in a $1 million (Rs 6.7 crore) funding round five months after the ed-tech platform closed its angel round.The new round is led by Blume Ventures , along with Stanford Angels India Traxcn Labs and a clutch of other angels, including Sandeep Tandon and Ashish Tulsian. Existing investors such as Sujeet Kumar (ex-Flipkart), Aprameya Radhakrishnan (Taxi4Sure), Phanindra Sama (redBus), Sumit Jain and Vikas Malpani (both CommonFloor) also participated.Unacademy, which allows educators to create courses on the platform, has recorded close to 25 million views since inception. Those who have held classes on the platform include former IPS officer and current Puducherry Lieutenant Governor Kiran Bedi and IAS Topper Tina Dabi. The startup is seeking to scale up by investing in its app, research, product development and team.“Within two months, the Unacademy Create app will be made available to all, so anyone across the world can create lessons in any language they like. After a thorough screening process, we will make the relevant lessons available on our platform that will be free for all to see,” said Chief Executive Gaurav Munjal , a second time entrepreneur who started the company along with 24-year old Roman Saini Saini is a doctor from AIIMS, and one India’s youngest IAS officers, who resigned as the Assistant Collector of Jabalpur to start the company.All educators on Unacademy go through an interview process and the selection is based on their experience. The company then helps educators create video courses of not more than 10 mins on its platform, which are available to students for free.“In a short span of eight months, the founding team has proved that leveraging technology to empower its educators and students is a problem that can be solved effectively at scale,” said Sachin Bansal, executive chairman at Flipkart.The startup claims to have more than 300,000 students for over 2,400 online lessons and specialised courses through the platform.In May this year, the startup raised $500,000 in a funding round led by Blume Ventures along with angels including Google’s Rajan Anandan, CommonFloor founder Sumit Jain and redBus founder Phanindra Sama."The product is designed for both lightweight production and consumption—in that it’s ingenious. This can change learning to an entirely different plane and kill a lot of ine ective institutional frameworks," said Karthik Reddy, Managing Partner, Blume Ventures,According to the research firm CB Insights, India witnessed a new high of more than 50 ed-tech deals in 2015. The country is on track to break that record, it said.Some other startups in the ed-tech space include Vidyanext, flipClass, Acadgild, Simplilearn, Edureka and Toppr.Commenting on the latest round of funding, Kiran Bedi, Lt Governor, Puducherry, and also an educator at Unacademy, said “ The overwhelming response from students, along with the simplicity with which the app has been designed, encourages working professionals to share their experience. It is an unconventional way for students to get the perspective of real life challenges and lessons," she said.