Education technology platform Vedantu has raised about $12.5 million as part of its Series C1 round, led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings LLC.
The investment follows a $42 million fund infusion led by Tiger Global Management in August last year, followed by a $24 million round from GGV Capital in February this year. Both investments were part of Vedantu’s Series C round.
Source: Economic Times