Sunday, 28 September, 2025
Vedantu Secures $11M Funding, Sets Sights on IPO by 2027 After Turning Profitable
Bengaluru-based edtech unicorn Vedantu has raised $11 million via convertible notes, led by ABC World Asia (a Temasek-backed fund), with Accel India and Omidyar Network also participating. The fresh capital will support expansion, AI innovation, and push toward being IPO-ready by 2027. The funding comes as Vedantu marked its first profitable quarter in Q4 FY25 and plans growth in its hybrid learning model alongside strategic acquisitions.
Read full story at Ascendants