Vedantu turns profitable in Q4 FY25 with record collections: CEO Vamsi Krishna

Founded in 2011 by Krishna, Anand Prakash, Saurabh Saxena, and Pulkit Jain, the K12 edtech firm became a unicorn in September 2021 after raising $100 million in a funding round led by Temasek-backed impact investing fund ABC World Asia. In FY24, Vedantu’s operating revenue rose by 21% to Rs 185 crore, while its net loss fell by 58% to Rs 157 crore. The company has not yet filed its FY25 financial statements with the Registrar of Companies (RoC).