This comes just a few months after Vedantu closed a $100 million round led by Coatue Management. - Seats Limited to 100 Only (First Come First Serve). 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. View Vedantu stock / share price, financials, funding rounds, investors and more at Craft. The new fund, CRV XVIII, is the same size as its previous fund although it was oversubscribed. 08 Oct 2020. The funding came on the heels of $30 million that the company raised across two Series C tranches this year. Vedantu had raised $7 million in an extended Series C round from KB Global at a valuation of $280 million. A Tiger Global spokesperson said they will let us know should they have a comment. Last year, Unacademy raised a big funding round led by SoftBank, which catapulted the startup to the famed unicorn club with a valuation of at least $1 billion. (FS) ... Coatue Management led a $100m Series D round in Vedantu. 5Y Return. 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. Jul 16, 2020. This comes just a few months after Vedantu closed a $100 million round led by Coatue Management. In an interview with TechCrunch in July, CEO Vamsi Krishna said Vedantu serves 25 million students each month and that the startup has added 2 million students during the lockdown earlier this year. Amagi Media Labs Pvt. 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. 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. Gaurav Trehan to head KKR India's private equity business. He has been writing about startups and digital economy for nine years.Connect with him on [email protected], Varsha Bansal is a Senior Editor at Entrackr covering the new economy. It has some 500+ teachers who have taught more than 1 Million hours to 40,000+ students spread across 1000+ cities from … View all 76 press references from this search. The fresh infusion to Series C, which Vedantu … Market Watch. ICICI Prudential Bluechip Fund Direct-Growth. With this, Unacademy became only the second edtech unicorn from India besides Byju’s. It's rival Byjus’ has raised over USD 200 million in funding to date. Copyright © 2021 VCCircle.com. Vedantu offers individual and group classes delivered by experienced teachers in a live, real-time, virtual mode through a patented platform. 8.53 % Invest Now. 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 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. It also has study materials from grade 1 to 12 and JEE entrance examinations. GGV Capital and KKR didn’t respond to Entrackr’s queries sent on Wednesday. Vedantu. Lorem ipsum dolor sit amet, consectetur adipiscing elit. GGV Capital and KKR didn’t respond to sources’ queries sent on Wednesday. “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. KKR pursues a $4bn deal for French clinic chain Elsan. Vedantu pockets $13 mn in extended Series C round: (Source: VC Circle 08April, 2020) Interactive online tutoring platform Vedantu Innovations Pvt. KKR, the multi-billion dollar, multi-strategy investment firm, has closed on over $1.3 billion for companies focused on social and environmental challenges. Byju’s alone cornered over $1 billion in 2020 while Unacademy entered into the coveted unicorn club with a recent round from SoftBank. Titan Capital along with other marquee groups of investors like LV angel fund… We will update the story as and when they respond. With a valuation of $600 million, Vedantu is India’s second-most valued startup after Byju’s. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Other executives include Pulkit Jain, Co-Founder, Head Product; Anand Prakash, Co-Founder, Head Academics. The talks are at an early stage and no term sheet has been signed yet. Early this year, Byju’s had acquired segment leader Whitehat Jr in an eye-popping deal worth $300 million cash. Lorem ipsum dolor sit amet, consectetur adipiscing elit. If the transaction goes through, this would be a 3X jump in the company’s valuation in just seven months. We will update the story as and when they respond. The edtech startup raised $100 million in Series D funding in July this year, led by U.S. tech investor Coatue. 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 The largest PE investment announced was Silver Lake, KKR and General Atlantic’s₹18,550 Cr ($2536 million) investment in Reliance Retail Ventures. JB Chemicals Pharmaceuticals KKR 414 ECL Finance NBFC SSG Capital, Farallon Capital 401 Nxtra Data Data Centers Carlyle 235 RA Chem Pharma Pharmaceuticals Advent International 128 Vedantu Online Services (Remote Tutoring) GGV Capital, Coatue Management, WestBridge, Omidyar Network, Tiger Global 100 Freshworks Enterprise Software (SaaS - CRM) Funds with AIF vehicles participated in 75 investments representing 43% of overall investments. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. Vedantu is an e-learning company that features an online platform that features real-time personalized learning. 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 Jai Vardhan is co-founder and CEO at Entrackr. Insurtech start-up, ClaimBuddy has raised an undisclosed amount in the seed funding. Vedantu had raised USD 5 million in funding from Tiger Global and Accel Partners in 2015. Early this year, Byju’s had, India constitutes 75% of Truecaller’s global MAU and DAU base, Exclusive: Amazon pumps Rs 700 Cr in Amazon Pay India, Crofarm records 2.2X revenue growth in FY20; claims 5,000 daily orders with Otipy, Rapido posts 10X topline growth; spent Rs 350 Cr in FY20, Yes Bank and ICICI Bank’s UPI platforms lead transaction volume chart in Dec, Exclusive: Zomato acquires full-stack sports platform Fitso for Rs 100 Cr, Licious allots equity shares under ESOP to its employee welfare trust; topline jumps 90% in FY20, OkCredit’s losses soar 88X to Rs 156.6 Cr with zero operating revenue in FY20, Paytm allots shares worth $12 Mn to current and former employees under ESOP, Register for Unicorn Trip 3.0 Ltd has secured $13 million (nearly Rs 99 crore) in an extended Series C round of funding. Exclusive: Vedantu in talks with KKR and existing investors to raise $100 Mn . Vedantu`s USP is its quality of teachers. Vedantu valuation is $600 m,. Vedantu provides LIVE 1-To-1 Online Teaching. Vedantu has declined to offer comment for the story. 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 had raised $7 million in an extended Series C round from KB Global at a valuation of $280 million. TechCrunch. 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 … Accel Partners. Coatue Leads $100 Mn Funding Round In Edtech Startup Vedantu. 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. October 8, 2020 Amid heightened demand, education technology startup Vedantu is in talks to raise a new round of funding. Next Treebo scores a … KKR India chief executive Sanjay Nayar, who has been with the private equity fund since 2009, will transition to a new role as the chairman, an official statement said. Vedantu closed a $100 million round in July that was led by Coatue Management at a valuation of $600 million. KKR Global Impact says its fund … “Vedantu could be valued at up to $900 million (about Rs 6,600 crore),” said one of the persons. Amid heightened demand, education technology startup Vedantu is in talks to raise a new round of funding. It provides a software platform connects tutors and student which provides real-time one to one teaching to students online. Bhumika Khatri. KKR is committed to investing in infrastructure on a global basis, helping to correct the resource imbalance created by a reduction in public funding. 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. ... Tiger Global, WestBridge lead $42 mn funding round in ed-tech starup Vedantu Tiger Global. Since its inception in 2016, the total funding raised by Amazon Pay from its holding company now stands at Rs 5,055 crore. Vedantu’s core offering covers online classes covering grade 6 to 12. This year has had a great run for edtech companies in India. See the full leadership team at Craft. ’s queries sent on Wednesday. 21 Dec, 2020, 03.04 PM IST Of late, the ‘kids coding vertical’ has been one of the anchors in the fundraising of all edtech platforms. Penetration Plans. 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. Vedantu, an Indian online tutoring company, raised $42M in Series C funding.. Click edit button to change this text. 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. Inc42 Media. A Tiger Global spokesperson said they will let us know should they have a comment. ... Vedantu. 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. KKR Global Impact says its fund … 86 DPIIT registered startups raised PE funding … 30 Aug 2019. Vedantu’s core offering covers online classes covering grades 6 to 12. 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. Vedantu in talks with KKR for $100m funding Premier names in the investment funds market retain AZB & Partners to handle high-value fund formation projects. We will update the story as and when they respond. ... sports KKR vs … 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 talks are at an early stage and no … GGV Capital and KKR didn’t respond to. Co-head Ashwath Rau and Pallabi Ghosal field expertise in handling fund establishments for domestic and international clients in the healthcare and infrastructure fields while Sai Krishna Bharathan is a go-to partner in the real estate funds space. ... Coatue Leads $100 Mn Funding Round In Edtech Startup Vedantu . Vedantu's Co-Founder, CEO is Vamsi Krishna. Toppr, Doubtnut, ClassPlus, Lido Learning, Uable, Camp K12, Testbook, Flinto and others have also raised substantial funding in the past 10 months. Property of Mosaic Media Ventures Pvt. Vedantu, a Bangalore-based startup that operates a learning app aimed at students aged between 12 to 18, has secured an additional $24 million as part of its Series C financing round as it looks to serve more students and make its brand a household name. Bengaluru-based online tutoring startup Vedantu has raised INR 9.42 Cr in debt plus preference funding from Trifecta Capital. (FS) ... which it entirely raised during the Covid-19 pandemic. Last year, Byju’s, Vedantu, Toppr and Eruditus also received big cheques from investors. Vedantu is India's leading Online tutoring company which enables students to learn LIVE with some of India's best-curated teachers. Exclusive: Vedantu in talks with KKR and others to raise $100 Mn Vedantu. 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. ... 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