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Edtech startup Vedantu raises $40 million in fresh round led by Tiger Global, WestBridge Capital - The Indian Wire

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Tiger Global Management and WestBride Capital leads a fresh funding round for $42 million (approx ₹287 crore) in edtech startup Vedantu. While, other investors in the round include Accel, Omidyar India, TAL Education Prince Maimilian of Liechtenstein. The Bengaluru-based startup will use the infused funds towards building awareness about the category and the brand, and in its technology operations. "Vedantu has been the first to reimagine the concept of tutorials in the country and create an exponential shift towards the online LIVE Tutoring model. Vamsi and team are extremely focused on improving the educational outcomes of students using their unique online offering," said Anand Daniel, partner at Accel Partners.