Overview
- Vedantu says the new capital will be used for AI, adaptive learning technology and category expansion, including selective M&A.
- CEO Vamsi Krishna says a secondary process is underway to provide exits to Chinese and other legacy shareholders.
- The company is in talks for an additional $20–$25 million in a mix of primary and secondary funding over the next five to six months, according to reports.
- Vedantu reports sustained cash-flow positivity, including a profitable Q4 FY25 and Q1 FY26 with Rs 110 crore in April–June collections.
- Investor identities were not disclosed in one account, while other reports name ABC World Asia as lead with participation from Accel and Omidyar.