Vedantu is charting a phoenix-like recovery, says CEO, but it’s not all smooth flying ahead The edtech firm’s revival has been driven by a measured rollout of offline centres, the acquisition ...

Bengaluru-based edtech startup Vedantu is setting its sights on an initial public offering (IPO) as it edges closer to profitability, following a year of steady offline expansion. The company is ...

Vedantu's total income from operations in FY24 surged by about 20 per cent year-on-year to Rs 185 crore as against Rs 153 crore in FY23.

Income from online tutoring accounted for 90% of Vedantu's total operating revenue, increasing 11.4% to Rs 166 crore in FY24 from Rs 149 crore in FY23. Book sales tripled to Rs 9 crore, while the ...

Vedantu’s consolidated operating revenue grew by a fifth, while its losses narrowed by over half for the fiscal year ended March 2024.

Edtech company Vedantu has released its financial results for the fiscal year ending March 2023. The Bengaluru-based firm faced challenges in scaling, with its revenue dropping by 7.8% in FY23.

Vedantu partners with Vignan Institute to launch offline learning centres for Class XI and XII students in Andhra Pradesh and Telangana.

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Vedantu’s losses cross Rs 600 cr in FY22 Vedantu, which has fired over 1,000 employees in four different rounds, also saw its total expenses jump 19% to `891 crore in FY22, from `748 crore in FY21.

Edtech unicorn Vedantu has recorded a net loss of ₹696 crore in FY22, which is 13 per cent more than its ₹616 crore loss in FY21, according to the company’s MCA filings.