Vedantu acquires doubt-solving platform Instasolv to focus on small towns
Live learning startup Vedantu has acquired instant doubt-solving platform Instasolv for an undisclosed sum. This is the first acquisition for Vedantu in this season of edtech M&As in India lately. Instasolv instantly clears doubts in science and mathematics for Class VI to XII students, as well as for IIT-JEE and NEET aspirants.
his acquisition marks Vedantu's increasing focus in Tier II and Tier III towns, where it looks to bridge the quality gap in teaching. Instasolv brings about one million potential active learners to Vedantu's live class platform, which reaches 1,000+ cities.
Post acquisition, Vamsi Krishna, Co-founder & CEO of Vedantu, said in a statement, "Last year, we took a strategic decision to invest in Instasolv to strengthen our play in doubt-solving, which is one of the key aspects of learning online. We have seen tremendous potential in Instasolv and share the same mission to democratise education. Through this partnership, we endeavour to change India’s learning curve through definitive outcomes.”