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Vedantu raises $11 million in fresh funding from existing investors, gears up for external secondary round

The round is part of a larger ongoing fundraise, with the company preparing for an external tranche that will include a 'significant secondary component' to offer exits for some early investors, including Chinese backers such as TAL Education and Legend Capital

September 26, 2025 / 13:13 IST
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Vamsi Krishna CEO and Co-founder Vedantu
Vamsi Krishna CEO and Co-founder Vedantu

Bengaluru-based edtech firm Vedantu has raised $11 million (about Rs 98 crore) in fresh capital from existing investors, including ABC World Asia, Accel India and Omidyar Network, the company said on September 26.

The convertible round is part of a larger ongoing fundraise, with the company preparing for an external tranche that will include a “significant secondary component” to offer exits for some early investors, including Chinese backers such as TAL Education and Legend Capital.

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Cushion ahead of IPO

Vedantu co-founder and CEO Vamsi Krishna said the raise was meant to give the company flexibility as it moves closer to its listing plans. “The internal round is not really going to be used for growth capital since we are already cashflow positive. It is more of a cushion as we near our IPO,” he told Moneycontrol.