VEDANTU

VEDANTU
• Vedantu is an interactive online tutoring platform that was launched in 2011 to provide quality
education at an affordable price. Vedantu is the pioneer in India’s K-12 LIVE tutoring space.
The mentors at Vedantu are highly qualified and experienced as well as highly dedicated too. As
a result, every student, no matter how they perform in academics, shows great improvement in
scores and starts performing great once they join Vedantu.
• Vedantu is an online platform developed for the purpose of live coaching. It

facilitates live coaching classes for 6th to 12th-grade students. The platform is
also dedicated to the training for several examinations such as the IIT foundation.
Additionally, online coaching sessions are offered for competitive examinations
such as JEE, IMO NTSE.
• To offer its support to the 21st century’s education system, the platform allows
LIVE interactive online learning amidst the pupils and teachers. It also offers
individual as well as group classes. The platform makes use of two-way audio,
video as well as whiteboarding tools which enables both the student as well as the
• With India’s EdTech sector having endless potential towards boost and
expansion, Vedantu shows massive promise for a successful and
glorious future. As we head towards an educational structure
dominated by educational technology, Vedantu is all set to become one
of the most renowned firms dominating the Indian education sector.
History
• The company was launched in 2014.[1] Its name Vedantu is derivative Sanskrit words Veda (knowledge)
and Tantu (network).[citation needed] The organization is run by IIT alumni Vamsi Krishna (co-founder & CEO),
Pulkit Jain (co-founder and head of product), Saurabh Saxena (co-founder) and Anand Prakash (co-
founder and head of academics).[2][3][4] Earlier, the team founded Lakshya, which was acquired by MT
Educare (a subsidiary of Zee Learn) in the year 2012.
• It primarily provides services to students from grades 4 to 12 of
Indian Certificate of Secondary Education (ICSE) and Central Board of Secondary Education. The
company's primary business is live online tutoring in STEM, Hindi, English, Sanskrit, German, French,
environmental science and social science.[5] It uses a White Board Audio Video Environment (WAVE)
method for their 1-1 student-teacher live sessions. It provides test preparation courses for
Indian Institute of Technology Joint Entrance Examination (JEE) Foundation,
National Talent Search Examination (NTSE), National Eligibility cum Entrance Test (NEET) and Problem
Solving Assessment (PSA).[6] Other courses include Coding, Mathematics, Reading and Public
Speaking.
• In 2019, Vedantu suffered a data breach exposing the data of about 687,000 users including email and
IP address, names, phone numbers, genders and passwords.[7]
• In January 2022, the company joined Byju's, Simplilearn, Unacademy, PrepInsta Prime and upGrad
became one of the founding members of IAMAI's India EdTech Consortium.[8] In March 2022, it launched
W.A.V.E 2.0, an interactive platform that aims to support Artificial Intelligence/Machine Learning.[9]
FUNDING
• The firm raised its first round of funding after six months of current operational
format. It has raised US$5 million from Accel Partners and
Tiger Global Management in its series A funding. It plans to utilize the funding in
developing technology solutions for tablets and mobile with scalability which can
run hundreds of live learning sessions concurrently. Vedantu raised US$11 million
in a series B funding round led by Silicon Valley impact investment firm
Omidyar Network and also contributed by its existing investor Accel Partners.
• On August 29, 2019, Vedantu announced that it has raised US$42 million in a
series C financing round for expansion in India.
• In July 2020, Vedantu raised US$100 million in funding led by US-based Coatue.
With the latest funding, Vedantu's total fund tally stands at over US$200
million. In September 2021, Vedantu raised US$100 million at a post-money
valuation of over US$500 million, according to Fintrackr calculation.
• Due to reduced funding for Indian startups, Vedantu laid off one hundred
employees in July 2022, making 720 redundancies for 2022. It further laid of 350
more people from its team in December 2022.

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• Vedantu is an online platform developed for the purpose of live coaching. It

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