TAL Education-backed online tutoring service Vedantu's Coatue-led series D round increased its valuation from $280m to $600m.
Vedantu, an India-based online tutoring service backed by educational services provider TAL Education, secured $100m yesterday a in series D round led by investment manager Coatue.
Unnamed existing backers also took part in the round, which valued the company at $600m. It said it has now raised more than $200m in equity and debt financing altogether.
Founded in 2011, Vedantu provides live, interactive online classes for students in primary and secondary education. Its online platform also offers personalised learning reports…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
