India’s Red-Hot Edtech Sector Creates Its Newest Unicorn

Indian edtech company Vedantu, which specializes in live online tutoring for kindergarten to 12th grade students, became a unicorn on Wednesday after it announced a $100 million Series E round led by Singapore’s ABC World Asia, an impact investing firm, which backs socially conscious companies.
Indian edtech company Vedantu, which specializes in live online tutoring for kindergarten to 12th grade students, became a unicorn on Wednesday after it announced a $100 million Series E round led by Singapore’s ABC World Asia, an impact investing firm, which backs socially conscious companies.