[Shots] Vedantu enters unicorn club with fresh $100 Mn Series E funding

Featured image: [L-R] Pulkit Jain, Anand Prakash, and Vamsi Krishna, Co-founders of Vedantu


Bengaluru, India-based edtech startup Vedantu has reportedly raised a $100 million (around INR 742.2 crore) Series E funding round on Wednesday from a clutch of investors, becoming a unicorn. The funding round for Vedantu was led by Singapore-based impact investing fund ABC World Asia., with participation from existing investors including Coatue, Tiger Global, GGV Capital and Westbridge.

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The latest funding round ascended Vedantu’s valuation by $400 million from $600 million previously, totalling $1 billion.

Speaking of the development for Vedantu, Sugandhi Matta, chief impact officer at ABC World Asia, in a statement said,

“Vedantu embodies our investment themes of providing better access to quality education and using digital technology to improve lives and livelihoods,”

Wajiha Wahab
Wajiha Wahab

Part of the editorial team at LAFFAZ, Delhiite by birth, Wajiha possesses a keen interest in reading about startups, accumulating information and presenting the same to the audience impressively.
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