Indian EdTech Startup Vedantu Secures US$42m in Funding

Vedantu

Bangalore-based live online tutoring startup Vedantu has announced raising US$42 million in its latest funding round co-led by WestBridge Capital and Tiger Global.

In a statement, Vedantu said proceeds from the Series C funding round will be used to further market the company as a top brand in India's live online tutoring space. It also plans to expand its operation and further develop its tech and content capabilities.

The funding round, which comes after the startup raised $11 million in November, was also backed by LTG Group and existing investors Accel, TAL Education, and Omidyar India.

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