Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 09 2019

Bengaluru-based edtech startup Vedantu secures Rs 9.42 crore debt

This round is likely to value the company at around $100 million.

Bengaluru-based edtech startup Vedantu secures Rs 9.42 crore debt

Vedantu, an online tutoring startup, has raised Rs 9.42 crore in debt and preference funding from Trifecta Capital. This round is likely to value the company at around $100 million.

In April, the Bengaluru-based startup had raised Rs 8 crore in April. In addition to this, it raised Rs 1.4 crore in Series B in the months of May and June.

Founded by Vamsi Krishna, Pulkit Jain, and Anand Prakash in 2014, Vedantu enables students to learn through personalised teaching courses. The company uses artificial intelligence (AI), machine learning (ML) and big data to refine its personalised teaching model.

Vedantu claims to have over one-million hours of live teaching every month, catering to 40,000 students. Currently, the startup is operational in 80 cities in India as it tutors students from 6th to 12th grade,

The firm also has courses for students preparing for engineering and medical entrance examinations. It is planning to foray into the exams categories such as GMAT and GRE.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Waste Management Plants
    About Us: Pro India is engaged in bringing back used plastics..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Kathi Express is the most famous and trusted brand..
    Locations looking for expansion Uttarakhand
    Establishment year 2003
    Franchising Launch Date 2003
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Dehradun Uttarakhand
  • Facility Management
    About:     TalbotFORCE aims to redefine the facilities management and hygiene sector..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Hospital Related Medical Products
    About Us: PRESENTLY MANUFACTURER OF GEL PRODUCTS LIKE HOT/ COLD GEL..
    Locations looking for expansion Tamil nadu
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities