Online tutoring firm Vedantu has raised $11 million from existing investors, including ABC World Asia, Accel India and Omidyar Network India, in a convertible equity round, the company said on Friday.
Vedantu reported a revenue of INR 35.8 Cr in FY20 while its losses grew 6x to INR 158 Cr The company’s spending on employee benefits made up half of its total expenses in FY19 and FY20 Vedantu may ...
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