Legend Holdings contributed to a $12.6m round that boosted the total raised by the TAL Education-backed online tutoring provider to more than $83m.
India-based online tutoring service Vedantu has received Rs 960m ($12.6m) in a series C1 round led by Legend Capital, the venture capital firm formed by conglomerate Legend Holdings, the Economic Times reported yesterday.
Impact investment firm Omidyar Network also took part in the round, through its Ohana Holdings vehicle. It has now raised a total of $83.4m in debt and equity financing altogether.
Vedantu runs an online learning platform that offers interactive classes tailored to passing various Indian entrance exams,…