Vedantu Valuation, Funding & Shareholders Breakdown 2024

E-learning platforms have been steadily gaining traction over the past decade, offering learners an alternative to traditional brick-and-mortar education. That can be accessible from anywhere with an internet connection. That is a must to access any e-learning platform. One such key player among them is Vedantu! Let’s have a look at Vedantu valuation, funding, and the shareholders group.

Which has been at the forefront of this transformation. Vedantu’s approach to e-learning is centered around providing students with a one-on-one learning experience, where they can connect with qualified teachers in real time. One of Vedantu’s standout features among all is its live interactive classes. These platforms leverage technology to provide a range of courses, from academic subjects to skill-based learning.

Vedantu Valuation

Company Profile

This e-learning platform helps to bridge the gap between physical and virtual classrooms, offering real-time interaction and personalized attention that is often missing in other online learning environments. 

Vedantu started gaining significant recognition and attention around 2019-2020. The platform’s interactive and personalized approach to online learning, plus its user-friendly interface, contributed to its growing popularity during this period.

The outbreak of the COVID-19 pandemic in 2020 further accelerated its adoption, as traditional educational institutions shut down and remote learning became the norm. This helped Vedantu become more widely recognized and considered a prominent player in the e-learning space. Eventually, Vedantu valuation increased too!

Founders of Vedantu
Founders Anand Prakash, Pulkit Jain, Saurabh Saxena, Vamsi Krishna (CEO)

Vedantu has been a great and prominent player in the e-learning landscape, but don’t you want to know how Vedantu has reached this stage, its valuation, and funding? 

Let’s find out!

Vedantu Valuation

Vedantu has reportedly successfully secured $328 million in its series E-funding round.

As of FY22, Vedantu is valued at Rs.8,200 crores ($1 billion).

The Ed-tech startup was founded in 2014, by Vamsi Krishna, Saurabh Saxena, Anand Prakash, and Pulkit Jain. Vedantu’s last reported valuation was about $1 billion. Its latest funding was done in FY22 of $19 million. 

Well, Vedantu’s total expenses jumped 19% to INR 890.9 Cr from INR 748.1 Cr in FY21. Plus, employee benefits rose almost 20% year-on-year, which accounts for the majority of the total expenses. 

Vedantu Valuation

Vedantu works on a B2C (Business-to-Consumer) business model. The company provides services like online live tutoring, one-on-one teacher interaction, and audio-video environment to students i.e. WAVE (Whiteboard Audio Video Environment).  

Funding & Shareholders

Vedantu’s innovative approaches, especially during the COVID-19 pandemic, helped it stand out in the competitive e-learning landscape and make a significant impact on the education sector!

And left all with a question of how Vedantu makes money. The answer to that question is the strategies and goals that are made by the company to achieve it. One of the prominent and major factors is the business model on which it operates its funding and collects revenue. 

Note: We have already discussed Vedantu Business Model and covered its core operating strategies and revenue sources. You can check it out for more information.

Vedantu funding

One of the major parts is –

Vedantu has reportedly successfully secured $328 in its series E funding rounds. The funding for this was contributed by many investors. Some of them are Catamaran, Accel, and Kaizenvest.

The latest financing acquired by Vedantu was $19 million, and its latest market valuation reached $1 billion. 

In FY22, Vedantu raised $308.3 million over 14 rounds of funding as a seed for the budget on 14 November 2022. Vedantu has 14 investors as of 2022. 

Vedantu has acquired over 3 companies, their latest acquired company was Ace Creative Learning aka Deeksha on October 13, 2022, for about $40 million (330 crores). This investment, Ace Creative Learning aka Deeksha will bring about 13,000 students close to the Vedantu platform. 

Let’s have a look at a series of transactions and funding!

DATETRANSACTIONNO. OF INVESTORSMONEY RAISEDLEAD INVESTORS
August 1, 2014 Seed roundRs.3.2 crores
($400K)
May 7, 2015Series A       2 Rs.41 crores
($5 million) 
Accel,
Tiger Global Management
Nov 24, 2018Series B       3 Rs.90.2 crores
($11 million)
Accel, Omidyar Network 
Aug 8, 2019Debt financing       1Rs.92.9 crores
($11.33 million)
Trifecta Capital Advisors
Aug 29, 2019Series C       5Rs.344 crores
($42 million) 
Tiger Global Management,
WestBridge Capital 
Feb 13, 2020Series C       4Rs.196 crores
($24 million)
GGV Capital
Apr 23, 2020Series C       2Rs.57.4 crores
($7 million) 
KB Global Platform Fund
Jul 15, 2020Series D       5 Rs.820 crores
($100 million)
Coatue 
Sept 29, 2021Series E       6 Rs.820 crores
($100 million)
ABC World Asia
Feb 24, 2022Series E       1 Rs.16.4 crores
($2 million) 
Orios Venture Partners
Dec 2, 2022Series E      3Rs.160.7 crores
($19.6 million) 
Catamaran,
Accel,
Kaizenvest
A series of transactions and fundings.

Competition 

In recent years, the e-learning industry has witnessed exponential growth, with various platforms vying for attention in the digital education space. There are many e-learning platforms and some of them are Unacademy, Byjus, and Coursera. Among these contenders, Vedantu has emerged as a leading player, by offering interactive live classes and personalized learning experiences. 

Future Plans 

CEO Vamsi Krishna said that their e-learning platform has planned to expand to one more location. Plus to overseas too like South Asia and some Commonwealth regions near Western Europe.

Within the following 18-24 months, the Vedantu e-learning platform will be looking for an IPO. We can see the results through the steady increase of Vedantu valuation.

Vedantu online tutoring

In the post-pandemic world, Vedantu can have rigid competition from other e-learning platforms, but Vedantu will continue to give its best services and will stand at the forefront in Ed tech platforms. 

 

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Published By: Aashita Singh
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