[Funding alert] Edtech startup Vedantu raises $100M in Series D round led by Coatue at $600M valuation
Vedantu, one of the leading edtech startups in the country has raised $100 million as part of its series D round valuing the company at $600 million.This fresh round of funding was led by US-based investment firm Coatue along with the participation from existing investors. This is the third time that Vedantu has raised funds during this year and the total amount has crossed $200 million.
Backed by Tiger Global, Accel, GGV Capital and others, Vedantu’s core strength is conducting live tutoring.
Vedantu’s Founders (L-R): Pulkit Jain, Anand Prakash and Vamsi Krishna
How to build a startup like Unacademy and WhiteHat Jr: Pratik Poddar of Nexus Venture Partners
Edtech segment has come into the limelight ever since the spread of coronavirus pandemic and the resultant lockdown.