Vedantu Raises Additional $24M in Series C Funding to Grow Live Virtual...

Financing

Vedantu Raises Additional $24M in Series C Funding to Grow Live Virtual Courses

Feb 18, 2020

Vedantu, a Bangalore, India-based provider of live virtual courses for students ages 12 to 18, has raised an additional $24 million to its Series C round, which now totals $66 million. GGV Capital led this latest infusion.

Founded in 2011, Vedantu has raised $82 million to date, according to TechCrunch. Some of Vedantu’s sessions are free while others require a subscription. The app has more than 75,000 paying subscribers and expects to pass 100,000 this year. A subscription can cost as much as $700 for long-term courses.

The funding will support the company’s efforts to expand its offerings into earlier grades, such as K-5, reports Tech in Asia, which adds that Vedantu claims it has more than 500 teachers serving students across 30 countries.

Learn more about EdSurge operations, ethics and policies here. Learn more about EdSurge supporters here.

More from EdSurge

Get our email newsletterSign me up
Keep up to date with our email newsletterSign me up