Edtech startup Vedantu to raise $100mn at double valuation to $600 million in just 3 months

Vedantu is in advanced talks to raise $100 million led by New York-based hedge fund Coatue Management at a valuation of $600 million. While it was adding about one lakh students a month until February, it has added 12-15 lakh students in the last three months alone.

Vedantu currently provides live coaching classes for K12 students, including for entrance exams such as IIT JEE Main and Advanced for engineering and NEET for medical colleges.

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