Toppr, Doubtnut, ClassPlus, Lido Learning, Uable, Camp K12, Testbook, Flinto and others have also raised substantial funding in the past 10 months. Jai Vardhan is co-founder and CEO at Entrackr. Importantly, Vedantu also ventured into kids coding space (age bracket 6-12) in May this year and since then it has been widely marketing it. “The talks have been on for the past month and Vedantu could be valued in the range of $850-900 million,” said one of the sources on condition of anonymity. Ltd. Grapevine: KKR, Tiger, GGV Capital may invest in Vedantu, Artificial Intelligence & Machine Learning, M&A And PE/VC Deal Making, Digital Training, 29 Jan, 2021, Artificial Intelligence & Machine Learning, Digital Training, 05 Feb, 2021, Future of Trust as a Service, A Virtual Summit, 17 Feb, 2021, Limited Partners Summit 2021, Virtual Event, 19 Feb, 2021, Central bank urges a tiered approach to regulating shadow banks, Sensex posts its first weekly drop in 12 weeks, Long road for Tesla in India with infrastructure, supply chain woes, A look at the hottest edtech trends for 2021, Adani Total, Torrent Gas to pick up stakes in Indian Gas Exchange. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ltd has secured $13 million (nearly Rs 99 crore) in an extended Series C round of funding. 08 Oct 2020. This comes just a few months after Vedantu closed a $100 million round led by Coatue Management. The largest PE investment announced was Silver Lake, KKR and General Atlantic’s₹18,550 Cr ($2536 million) investment in Reliance Retail Ventures. A Tiger Global spokesperson said they will let us know should they have a comment. View Vedantu stock / share price, financials, funding rounds, investors and more at Craft. Of late, the ‘kids coding vertical’ has been one of the anchors in the fundraising of all edtech platforms. Vedantu's Co-Founder, CEO is Vamsi Krishna. It has some 500+ teachers who have taught more than 1 Million hours to 40,000+ students spread across 1000+ cities from … 21 Dec, 2020, 03.04 PM IST ... Coatue Leads $100 Mn Funding Round In Edtech Startup Vedantu . The funding came on the heels of $30 million that the company raised across two Series C tranches this year. ... sports KKR vs … 5Y Return. Vedantu. Indian online tutoring service Vedantu has raised $42 million in a Series C round led by Tiger Global Management and WestBridge Capital., South Asia, Technology, Consumer, Expansion, India, TMT, Education, Growth capital, Tiger Global Management, WestBridge Capital … KKR Global Impact says its fund … A Tiger Global spokesperson said they will let us know should they have a comment. Market Watch. KKR is committed to investing in infrastructure on a global basis, helping to correct the resource imbalance created by a reduction in public funding. Copyright © 2021 VCCircle.com. Vedantu is in talks with private equity major KKR along with existing investors to raise $100 million in fresh funding, while Amazon Pay (India) has received Rs 700.1 crore in fresh infusion from its Singapore-based parent, Entrackr reported. Penetration Plans. We will update the story as and when they respond. The talks are at an early stage and no … (FS) ... which it entirely raised during the Covid-19 pandemic. Titan Capital along with other marquee groups of investors like LV angel fund… Jul 16, 2020. Insurtech start-up, ClaimBuddy has raised an undisclosed amount in the seed funding. Vedantu closed a $100 million round in July that was led by Coatue Management at a valuation of $600 million. “Vedantu could be valued at up to $900 million (about Rs 6,600 crore),” said one of the persons. She is currently based in Bangalore and can be reached at [email protected], Entrackr is a new age media platform for entrepreneurs, startups and technology enthusiast Read More >. Vedantu has raised $203.19 m in total funding. October 8, 2020 Amid heightened demand, education technology startup Vedantu is in talks to raise a new round of funding. Premier names in the investment funds market retain AZB & Partners to handle high-value fund formation projects. The online tutoring firm is in talks with KKR along with existing investors Tiger Global and GGV Capital to raise $100 million, say two people familiar with the matter. Accel Partners. Bengaluru-based online tutoring startup Vedantu has raised INR 9.42 Cr in debt plus preference funding from Trifecta Capital. Edtech startup Vedantu is in talks with KKR along with existing investors Tiger Global Management and GGV Capital to raise a round of funding worth $100 million (Rs 733 crore), two people familiar with the matter told Entrackr. KKR, the multi-billion dollar, multi-strategy investment firm, has closed on over $1.3 billion for companies focused on social and environmental challenges. The online tutoring firm is in talks with KKR along with existing investors Tiger Global and GGV Capital to raise $100 million, say two people familiar with the matter. Vedantu’s core offering covers online classes covering grade 6 to 12. Inc42 Media. The fresh infusion to Series C, which Vedantu … While the company claimed a $600 million valuation in the Series D round that also had a little secondary component, Fintrackr estimates showed that it was valued at $510 million. Vedantu is an e-learning company that features an online platform that features real-time personalized learning. Vedantu had raised $7 million in an extended Series C round from KB Global at a valuation of $280 million. Vamsi Krishna, CEO and co-founder, Vedantu said that these funds would be used to enter new categories such as kindergarten and classes 1 to 5. Ltd, which provides targeted TV advertising services, has raised $35 million (Rs 237 crore) in its Series D round of funding from KKR-backed investment firm Emerald Media and existing investor PremjiInvest, the investment arm of Wipro Ltd chairman Azim Premji. - Seats Limited to 100 Only (First Come First Serve). Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. If the transaction goes through, this would be a 3X jump in the company’s valuation in just seven months. 86 DPIIT registered startups raised PE funding … Byju’s alone cornered over $1 billion in 2020 while Unacademy entered into the coveted unicorn club with a recent round from SoftBank. Vedantu offers individual and group classes delivered by experienced teachers in a live, real-time, virtual mode through a patented platform. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Vedantu`s USP is its quality of teachers. It's rival Byjus’ has raised over USD 200 million in funding to date. Amagi Media Labs Pvt. It provides a software platform connects tutors and student which provides real-time one to one teaching to students online. Exclusive: Vedantu in talks with KKR and existing investors to raise $100 Mn . Bhumika Khatri. Property of Mosaic Media Ventures Pvt. See the full leadership team at Craft. With this, Unacademy became only the second edtech unicorn from India besides Byju’s. Vedantu had raised $7 million in an extended Series C round from KB Global at a valuation of $280 million. Vedantu had raised $7 million in an extended Series C round from KB Global at a, Of late, the ‘kids coding vertical’ has been one of the anchors in the fundraising of all edtech platforms. The talks are at an early stage and no term sheet has been signed yet. We have top Teachers from IIT`s and tier-1 colleges and provide teaching for CBSE & ICSE, Maths & Science and competitive exams like JEE Mains, JEE Advanced, IIT Foundation, Olympiads, NTSE, PSA ... Tiger Global, WestBridge lead $42 mn funding round in ed-tech starup Vedantu Tiger Global. Vedantu had raised USD 5 million in funding from Tiger Global and Accel Partners in 2015. (FS) ... Coatue Management led a $100m Series D round in Vedantu. Vedantu pockets $13 mn in extended Series C round: (Source: VC Circle 08April, 2020) Interactive online tutoring platform Vedantu Innovations Pvt. Funds with AIF vehicles participated in 75 investments representing 43% of overall investments. VCCircle. The talks, however, are at an early stage and no term sheet has been given yet. Edtech startup Vedantu is in talks with KKR along with existing investors Tiger Global Management and GGV Capital to raise a round of funding worth $100 million (Rs 733 crore), two people familiar with the matter told Entrackr. GGV Capital and KKR didn’t respond to sources’ queries sent on Wednesday. The new fund, CRV XVIII, is the same size as its previous fund although it was oversubscribed. Other executives include Pulkit Jain, Co-Founder, Head Product; Anand Prakash, Co-Founder, Head Academics. Vedantu valuation is $600 m,. Vedantu, an Indian online tutoring company, raised $42M in Series C funding.. Vedantu is India's leading Online tutoring company which enables students to learn LIVE with some of India's best-curated teachers. ’s queries sent on Wednesday. Gaurav Trehan to head KKR India's private equity business. Bengaluru-based edtech startup Vedantu, a platform for online and live one-on-one tutoring has today announced a fundraise of $5 million from Accel Partners and Tiger Global Management. While the company claimed a $600 million valuation in the Series D round that also had a little secondary component, Vedantu has declined to offer comment for the story. The edtech startup raised $100 million in Series D funding in July this year, led by U.S. tech investor Coatue. With a valuation of $600 million, Vedantu is India’s second-most valued startup after Byju’s. 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