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Vedantu Raises $100Mn Series E Funding At $1Bn Valuation

Series E round, led by Singapore based impact investing fund ABC World Asia, the round also saw strong participation from existing investors – Coatue, Tiger Global, GGV Capital, Westbridge among others.

Vedantu, live online tutoring, announces $100 million in their Series E round, led by Singapore based impact investing fund ABC World Asia. The round also saw strong participation from existing investors – Coatue, Tiger Global, GGV Capital, Westbridge among others. With this round of funding, Vedantu’s valuation is at $1 billion, and it underlines its status as the largest K-12 live online tutoring company in India. 

Vedantu was the first company to offer live online classes in 2014 in the K12 space. It has continued to be a pioneer in the space with several first-time innovations that include WAVE, its proprietary LIVE teaching platform, and the 2-teacher model. Both these innovations are playing a big role in improving student outcomes for the company. Some of the company's innovations have been granted patents in the US. The company looks to continue to innovate further on the LIVE teaching format and penetrate deeper into the K-12 segment by reaching more students. The funds will be primarily used to strengthen product engineering functions as well as expanding into newer categories through both organic and inorganic routes.


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