US-based Coatue Management led the round that valued the company at $600 million. This has made Vedantu among the most valued edtech startups in India.
Vedantu had earlier raised funding from Tiger Global, WestBridge Capital, Omidyar Network, Accel and more.
Covid has certainly proven to be a great enabler for certain segments including edtech. As digital learning has picked pace during the current uncertain times, startups in edtech have found their eureka moment. Tutoring startup Vedantu on Thursday announced raising $100 million as part of its Series D round of funding led by US-based Coatue Management and participation from existing investors. Coatue’s managing director Rahul Kishore will join Vedantu’s board. The new round has now valued Vedantu at $600 million. The startup had earlier raised funding from Tiger Global, WestBridge Capital, Omidyar Network, Accel and more.
Vedantu had earlier raised funding from Tiger Global, WestBridge Capital, Omidyar Network, Accel and more.
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