Vedantu
Vedantu is an Indian online tutoring platform launched in 2014 based in Bengaluru, India. History. The company was launched in 2014. Its name "Vedantu" is derivative Sanskrit words "Veda" (knowledge) and "Tantu" (network). The organization is run by IIT-Alumni Vamsi Krishna (Co-founder & CEO), Pulkit Jain (Co-founder & Head of Product), Saurabh Saxena (co-founder) and Anand Prakash (Co-founder & Head of Academics). Earlier, the team founded Lakshya, which was acquired by MT Educare, (a subsidiary of "Zee Learn") in the year 2012. It primarily provides services to students from Grades 4 to 12 of Indian Certificate of  Secondary Education (ICSE) & Central Board of Secondary Education. Currently the company's primary business is live online tutoring in STEM, Hindi, English, Sanskrit, German, French, Environmental Science and Social Science. It uses a White Board Audio Video Environment (WAVE) method for their 1-1 student teacher live sessions. It provides test preparation courses for Indian Institute of Technology Joint Entrance Examination (JEE) Foundation, National Talent Search Examination (NTSE), National Eligibility cum Entrance Test (NEET) and Problem Solving Assessment (PSA). In January 2022, the company joined Byju's, Simplilearn, Unacademy, and upGrad became one of the founding members of IAMAI's  India EdTech Consortium. In March 2022, it launched W.A.V.E 2.0, an interactive platform that aims to support Artificial Intelligence/Machine Learning. Funding. The firm has raised its first round of funding after six months of current operational format. It has raised million from Accel Partners and Tiger Global Management in its Series A funding. It plans to utilize the funding in developing technology solutions for tablets and mobile with scalability which can run hundreds of live learning sessions concurrently. Vedantu has raised million in a Series B funding round led by Silicon Valley impact investment firm Omidyar Network and also  contributed by its existing investor Accel Partners. On August 29, 2019, Vedantu announced that it has raised million in a Series C financing round for expansion in India. In July 2020, Vedantu raised million in funding led by US-based Coatue. With the latest funding, Vedantu's total fund tally stands at over million. By the next year, Vedantu had raised million at a post-money valuation of over million, according to Fintrackr calculation.