Indian edtech Vedantu has acquired a majority stake in education chain Deeksha for $40 million, the latest in local online learning platforms’ growing attempts at tapping opportunities in the ...

Speaking specifically about Vedantu, Krishna said growth and user acquisition were top priorities in 2020, and the company was successful in increasing the student base from 80,000 to 1.2 million.

Vedantu set up its first offline tuition centre in FY23. Over the years, it has grown to 35 centres—19 company-owned, 5 franchised, and 11 in school campuses.