Vedantu, an Indian live online tutoring service company, has completed its Series C funding round with $42 million in capital commitments.
The financing, which was co-anchored by Tiger Global and WestBridge Capital, also saw participation from previous backers, Omidyar India, TAL Education, and Accel, along with LGT Group.
Vedantu intends to use the Series C proceeds to establish the company as a top brand in live online tutoring space in India, scale operations and expand its learner base as well as deepen investment into technology and content capabilities.
In 2018, the company had secured $11 million in its Series B funding round conducted by Omidyar Network and backed by Accel Partners.