Vedantu Raises $24 Million Led by GGV Capital
Education technology start-up Vedantu has raised Rs 171 crore (USD 24 million) in a round led by global venture capital firm GGV Capital with participation from existing investors.
This was in addition to the Rs 299 crore raised by the firm in August 2019.
"We are excited to have GGV Capital back us, as a unique VC firm that has backed some of the world's most successful companies, this is a huge validation for Vedantu. We want to further our mission to make this new format of live interactive classes the answer to the current engagement gaps in online education and are very excited about the future," Vedantu CEO and co-founder Vamsi Krishna said in a statement.
With this round, the total fundraised by the company stands at around Rs 600 crore.
Krishna said that the company see...