Edtech unicorn Vedantu has raised $11 million (about INR 100 crore) from its existing investors, including ABC World Asia, Accel India, and Omidyar Network.
The startup also said it is in talks with new investors to raise more money and give some existing Chinese and older investors a chance to sell their shares.
The company said the new funds will be used to expand into new categories, explore both organic and inorganic growth, and invest in AI, technology, and adaptive content to improve personalization.
“Over the last 18 months, we’ve demonstrated disciplined growth and a clear path to profitability. The upcoming external round and secondary process will further strengthen our balance sheet, align our shareholder base, and set us up for a potential public market listing in CY27,” said Vedantu cofounder and CEO Vamsi Krishna.
Vedantu was founded in 2014 by Krishna, Anand Prakash, and Pulkit Jain. It offers online and offline courses for Classes 4–12, as well as NEET and JEE coaching.
The company runs 100+ hybrid centres across India, has over 1,200 teachers, and teaches more than 2 lakh paid students.
In FY25, Vedantu’s revenue increased by 55% to ₹284 crore, while its cash spending dropped by 30% to ₹70 crore. The company has been profitable for six months, earning 60% of its revenue online and the rest from offline courses.
Vedantu’s online K–12 business grew 33% over the year, and the growth sped up to 70% in the last two quarters.
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