"Vedantu Secures $11 Million in Funding from Existing Investors"

"Vedantu, an Indian edtech platform, has successfully raised $11 million from existing investors including ABC World Asia, Accel India, and Omidyar Network. The fundraising was advised by Argus Partners, while Khaitan & Co assisted ABC World Asia. Vedantu is known for its innovative approach to education and is expanding its presence with over 100 hybrid centers."

In a recent transaction, Argus Partners and Khaitan & Co participated by advising Vedantu and ABC World Asia, respectively. Vedantu, an EdTech platform, successfully raised $11 million from existing investors, including ABC World Asia, Accel India, and Omidyar Network. The funds will support Vedantu's ongoing efforts to enhance its educational offerings and expand its offline presence through hybrid centers and franchise partnerships. The transaction team from Argus Partners included Anindya Ghosh (Partner), Anantha Krishnan Iyer (Partner), and Associates Khushi Bhardwaj and Nivrithi Kumar. Khaitan & Co's team comprised Monika Srivastava (Partner), Sanchit Agarwal (Partner), Chirag Mangal (Senior Associate), Jubin Jay (Senior Associate), Aditi Gupta (Senior Associate), and Shivangi Mishra (Associate).

"Vedantu Secures $11 Million in Funding from Existing Investors"

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