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Tiger Global-backed Vedantu raises $24 million in extended Series C round

Vedantu plans to expand into newer categories with fresh funding

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BS Reporter Bengaluru
Live online tutoring start-up Vedantu has raised $24 million from a group of investors including global venture capital firm GGV Capital as part of their Series C extension round.

Taking into account the $42 million the Bengaluru-headquartered company raised in August last year from Tiger Global and WestBridge Capital among others, the company has so far raised $66 million as the part of the series C round. With the fresh funding, Vedantu is looking at expanding to new categories such as kindergarten to standard 5.

“As we continue to grow our student enrolments by 4.5 times year-on-year, we are gearing