Vedantu Raises $11M for AI-Powered Edtech Expansion, Eyes 2027 IPO

Vedantu, a leading Indian edtech company, has raised $11 million in fresh funding from existing investors as part of a larger ongoing convertible round led by ABC World Asia, with participation from Accel and Omidyar Network. The new capital will support Vedantu's expansion into new categories through both organic growth and acquisitions, alongside investments in artificial intelligence and adaptive content to personalize learning experiences. The company is also in advanced talks with external investors for additional funding and plans a secondary share sale to provide exits to some early investors, including Chinese backers. Vedantu recently achieved profitability, reporting significant revenue growth and positive cash flow, distinguishing it from many other edtech startups. The Bengaluru-based platform aims to integrate AI more deeply into its live tutoring model to offer smarter, adaptive learning tailored to individual student needs. Vedantu is targeting a $150–200 million IPO around 2027-2028 to raise growth capital and provide exits to early investors.