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
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 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
Edtech unicorn Vedantu lays off 200 employeesAbout 120 of these employees were on contract while 80 were full-time employees, Vedantu told ET. Almost all were from the company’s academ...
05 May, 2022, 08.59 PM 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
Edtech startup Vedantu acquires majority stake in PedagogyEdtech startup Vedantu intends to make Pedagogy’s product accessible to its more than 30 million students at an affordable price.
15 Jul, 2021, 06.52 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
Vedantu brings on board Mohit Mathur as biz excellence headIn his new role, Mathur will bring in process and operating model efficiencies to build a fast growth trajectory
09 Feb, 2021, 05.09 PM IST
Vedantu appoints Ranjan Sakalley as Head of Engineering and TechnologySakalley is expected to lead the expansion of Vedantu's tech and engineering team to 200 members by end of this financial year.
07 Dec, 2020, 05.28 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 appoints Arvind Singhal as COOSinghal comes with over two decades of experience across multiple sectors and well-known brands such as Asian Paints, Marico, Nokia, Relian...
22 May, 2020, 03.28 PM 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