VCCircle +1. TechCrunch reported last month that Byju’s was in talks to acquire Doubtnut. Register FREE for Vedantu VSAT (Scholarship Admission Test) and get upto 100% scholarship on our courses for JEE, NEET, CBSE & ICSE for Class 6 to 11. Vedantu raises $100 mn in funding PTI | Updated on July 16, 2020 Published on July 16, 2020 Online live tutoring company Vedantu on Thursday said … Vedantu was founded by Vamsi Krishna, Anand Prakash, and Pulkit Jain in 2014, to provide students with opportunities to learn the way they desire, by providing personalised teaching. Some of these sessions are free for students, but a selection of it requires a subscription, said Krishna. Unacademy, which raised $110 million from General Atlantic, Sequoia Capital India and Facebook early this year, is in talks with investors to finance its new round. In April 2020, the startup has raised a debt funding of 379.87 crore from its existing investor and shareholder Alibaba Group. Rahul Kishore, MD of Coatue, will join Vedantu’s board, the company said in a statement. 4 posts ... July 16, 2020; News; Startups; Vedantu grabs another $7 million as part of an extended Series C round. Valuation $575M as on Jul 21, 2020. Image Credits: Vedantu. Vedantu has raised about $200 million to date. Vedantu had 3 rounds of funding in 2020. Their latest funding was raised on Jul 15, 2020 from a Series D round. Vedantu has raised about $200 million to date. The premium amount per share is Rs 1,353.29. Omidyar's Ohana Holding also participated in the Series C1 round. Until early 2014, he also ran Lakshya Institute, which helped students prepare for undergraduate-level courses, before selling a majority stake to Mumbai-based K-12 tutoring and test preparation firm MT Educare. Vedantu’s Founders (L-R): Pulkit Jain, Anand Prakash and Vamsi Krishna. Visit our website to know more about Vedantu Scholarship Admission Test. From left to right: Vamsi Krishna, CEO and co-founder; Anand Prakash, co-founder; and Pulkit Jain, co-founder and head of product. Vedantu offers live and interactive courses for students in grades six though 12 — and in recent months it has expanded its catalog to serve students from grade one to five as well, said Vamsi Krishna, co-founder and CEO of the startup, in an interview with TechCrunch. Exclusive: Vedantu’s valuation jumps to $280 Mn after $7 Mn in fresh funding ... Venture capital (Series C) Legend Capital, Ohana Holding. Byju’s was valued at about $8.2 billion in the last round while Unacademy crossed a $510 million valuation mark in February 2020. A paid session may have as many as 600 students, while the free lessons could have 2,000, said Krishna, who is a teacher himself. We, at Vedantu, are announcing Vedantu Master Scholarship Test 2020 for admission to Online Classes for Std 6 to 10 (CBSE and ICSE) and JEE and NEET exam preparation. Vedantu, one of the leading edtech startups in the country has raised $100 million as part of its series D round valuing the company at $600 million. Omidyar's Ohana Holding also participated in the Series C1 round. Vedantu's latest funding round in July 2020 was reported to be $100 m. In total, Vedantu has raised $203.2 m. Vedantu's latest valuation is reported to be $600 m. Unanimously recognizing the achievement, the ET Startup Awards jury chose them as winners in the Comeback Kid category in a tightly contested category with mobile gaming … The fresh capital Vedantu has raised, he said, will be deployed to expand to new categories and reach more students, especially in smaller towns and cities of India. Vedantu has technology tools which enables teachers to provide LIVE teaching to students in an interactive manner using whiteboard, audio and video technology. [YS Exclusive] Edtech startup Vedantu's Vamsi Krishna on pursuing impact at scale in the Indian education space, Search for what you want, categories, tags, keywords, authors, events, anything under YourStory, With Rs 14 lakh business per day, this astrology startup is making profits in the time of coronavirus, Looking to earn that extra income through stock markets in 2021? In July 2020, Vedantu raised $100 million in funding led by US-based Coatue. Vedantu is funded by 9 investors. Vedantu funding. Entrackr had exclusively reported about Vedantu’ Series C round. Vedantu Innovation Pvt. Vedantu provides LIVE 1-To-1 Online Teaching. 16 July 2020 Last Updated at 6:37 pm | Source: PTI ; Vedantu raises USD 100 mn in funding, led by US-based Coatue. Vedantu claims to have 150,000 students who study live on its platform each month. Started in 2011, Vedantu now has gained much popularity among students, and have mentored over 40,000 students from all over the country. Vedantu is an e-learning company that features an online platform that features real-time personalized learning. Vedantu has raised around $190.9 million in funding to date. Vedantu serves 25 million students each month. $7,000,000 Venture capital KB Global. Vedantu, a Bangalore-based startup that operates an online tutoring service, today announced it has raised $42 million as it races to expand its reach in … US$ 24 million were raised in February 2019, and US$ 42 million in August 2019. Students who have enrolled for the interactive sessions are required to answer questions every few minutes by tapping on their smartphone screen or on the desktop. As we continue to focus on driving high-growth ventures, our investment in Vedantu marks our entry into the Indian EdTech market. Bengaluru-based edtech startup Vedantu that offers online tutoring to students on April 20 raised $6.8 million from South Korea’s KB Global Platform Firm.. Here’s how Motilal Oswal is helping new-age investors and traders grow their monthly income, [Startup Bharat] Jaipur-based OLE Rooms plans to disrupt co-living with rents from Rs 199, The many challenges in residential real estate, Now there's an app for the Union Budget too, Startup Guide Nairobi: how ‘Silicon Savannah’ is a hub of creativity, tech and impact, Government to continue ban on Chinese apps including Tiktok, Budget 2021: Agriculture and education to see big boost, says Siddarth Pai of 3One4 Capital, Chargebee co-founder Krish Subramanian on learnings from his entrepreneurial journey, building SaaS products, and staying focused. Trulearn Spaces Pvt. The funding was led by top-notch US-based investment firm Coatue with participation from existing investors. The round is expected to value Vedantu having at a pre-money valuation of $100-110 Mn. To ensure that students are paying attention and identify their weaknesses, Vedantu says it has built a patented system called WAVE that evaluates about 70 parameters, including whether the student is looking at the screen. 30 Aug 2019. With the latest funding, Vedantu's total fund tally stands at over $200 million. Vedantu had 3 rounds of funding in 2020. And adding to that, Vedantu, the online tutoring platform, is announcing its Series D funding round, having acquired $100 million at a $600 million valuation. $100,000,000 Venture capital (Series D) ... Ed-tech startup Vedantu scoops up $100 mn in Series D funding. Earlier this month, Vedantu raised $12.56 million (or Rs 96 crore) from Chinese venture firm Legend Capital. Krishna said Vedantu is adding to the platform more than 20,000 paying subscribers each month. five months after it closed its Series C funding. 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