Edtech startup Vedantu's FY22 losses extend to Rs 696 croreTotal expenses, which was led by people costs, went up 19% in the reported period of FY22, at Rs 890.93 crore. People costs, a growing conc...
31 Jan, 2023, 10.53 PM IST
Edtech firm Vedantu cuts 385 jobs in fourth round of layoffs this yearThe company had previously laid off 100-full time employees from its sales team in July and another 624 full-time and contractual employees...
07 Dec, 2022, 06.33 PM IST
Vedantu acquires test prep platform Deeksha for $40 millionThe acquisition will give Vedantu access to almost 40 offline centres across Telangana, Andhra Pradesh and Karnataka, and to Deeksha’s 13,0...
13 Oct, 2022, 08.27 PM IST
Vedantu lays off another 100 employees after sacking 624 in MayInterestingly, cofounder and chief executive Vamsi Krishna had said in a memo to employees on May 18 that the previous retrenchment exercis...
02 Aug, 2022, 11.15 PM IST
Vedantu launches first hybrid learning centre as edtechs shed pandemic-induced growthVedantu’s offline learning foray is largely focused on test preparation segment as it looks to bolster its presence in the segment.
30 Jun, 2022, 05.11 PM IST
Vedantu’s consolidated net loss widens to Rs 604.28 crore in FY21The Tiger Global-backed startup’s employee benefit expenses increased by 4.6 times to Rs 407.4 crore in FY21 against Rs 88.3 crore in FY20,...
24 Jun, 2022, 10.44 PM IST
Vedantu says it is laying off another 424 employeesVedantu had earlier fired 200 of its contractual and full-time employees, amid cratering demand for online education, owing to the opening ...
19 May, 2022, 10.39 AM IST
Vedantu on track to be 'IPO-ready' in 18-24 monthsThe company said that as much as 90-95 per cent of the market remains unpenetrated, offering massive scope for edtech players to expand.
31 Mar, 2022, 07.24 PM IST
Vedantu turns unicorn after $100-million fundingVedantu has raised $100 million in a new funding round led by Temasek-backed ABC World Asia, catapulting it into the unicorn club. more inv...
29 Sep, 2021, 07.53 PM IST
Vedantu pledges Rs 15 crore to aid Covid-hit kids in IndiaThrough this initiative, which begins on an immediate basis, Vedantu will provide emergency food, medical assistance along with a long-term...
28 May, 2021, 03.53 PM IST
Vedantu acquires doubt-solving platform Instasolv as edtech churn continuesThe deal adds close to one million potential active learners of Instasolv to Vedantu’s platform. Instasolv, in turn, will leverage Vedantu'...
22 Feb, 2021, 05.17 PM IST
ET Startup Awards 2020: Vedantu founders win Comeback Kid awardIngenuity in pulling off a pivot that is now the hallmark of Vedantu bagged them the award.
24 Aug, 2020, 12.58 PM IST
Vedantu has $100 million from Coatue, othersVedantu has said it registered a 220% growth in users to 2 million unique students who attended its live classes during the past three mont...
17 Jul, 2020, 08.20 AM IST
Vedantu eyes $100 million from Coatue at $600 million valuationNew York-based Coatue is a known technology investor, having backed Uber, Meituan Dianping and DoorDash globally, along with bets on Swiggy...
30 Jun, 2020, 07.57 AM IST
Vedantu raises $12.5 million from Legend Cap & OmidyarThe investment follows a $42-million fund infusion led by Tiger Global Management in August last year, followed by a $24-million round from...
09 Apr, 2020, 08.28 AM IST
Vedantu scores $24m from GGV Capital, othersThe investment is an extension of its Series-C round that saw Tiger Global leading a $42 million infusion into the Bengaluru-based firm in ...
14 Feb, 2020, 09.51 AM IST
Edtech startup Vedantu secures $42M from Tiger Global, WestBridge CapEdtech firm now wants to boost activations from tier-2 and beyond.
30 Aug, 2019, 09.00 AM IST