Vedantu, an Edtech startup based in India, has made a significant impact in the online learning space. With the rise of the Covid-19 pandemic, there was a surge in demand for technology-based solutions to advance education. Vedantu capitalized on this trend by offering live interactive classes to students, making it one of the top tutoring platforms.
About Vedantu
Vedantu's CEO and co-founder, Vamsi Krishna, emphasizes the importance of LIVE interactive classes as a superior format for online learning, leading to greater learning outcomes. During the lockdown, Vedantu leveraged this opportunity to drive more adoption and strengthen its brand as the go-to destination for LIVE classes.
The Concept Behind Vedantu
The name "Vedantu" is derived from two separate words: Veda, meaning 'knowledge', and Tantu, meaning 'network'. Together, they form a network of knowledge that connects teachers and students directly to improve learning at any place and time.
Founding and Growth
Vamsi Krishna founded his first venture, "Lakshya", in 2006 with the help of three IITian friends. Their new venture aimed to provide guidance and teaching to students for various tests and exams. After six years, MTEducare acquired Lakshya, paving the way for Vedantu's preparations.
The Aim of Vedantu
Vedantu was developed to explore the online market for live coaching sessions, providing classes for 6th to 12th-grade students. The platform also offers special packages and services for students appearing in entrance and competitive exams like JEE, IMO NTSE, and IIT foundation.
Features and Progress
Vedantu utilizes two-way audio, video, and whiteboarding tools to support teaching, making it more engaging and long-lasting. With real-time interactions between students and faculty, the platform offers a unique learning experience. Notably, Vedantu has seen significant progress during the lockdown period:
- Services offered to 25 million students per month.
- 220% growth in users with 2 million unique students participating in live classes over three months.
- Launched WAVE, an artificial intelligence and Machine learning platform to adapt personalized learning and aid teachers.
Challenges Faced
One major challenge faced by Vedantu was making classes binding and attractive. To tackle this issue, the platform introduced real-time and interactive live classes.
Initiatives of Vedantu
During the lockdown, Vedantu took a proactive approach to promote online learning by offering FREE LIVE Interactive Classes. This initiative helped a significant number of students.
Valuation and Fundings
As per Economic Times, Vedantu's valuation stands at USD 600 million, making it the second most valued firm in the Indian Edtech sector after Byju's (USD 10.5 billion). Vedantu has received total fundings of $200m across its funding rounds for a valuation of $600m.
Contact Information
For contacting Vedantu, use the Toll-Free contact number: 1800-120-456-456 / +91 988-660-2456 or email [bondwithus@vedantu.com](mailto:bondwithus@vedantu.com).
Is Vedantu Free?
Vedantu has various course packages for its students. While premium courses require a tuition fee, the platform is currently offering free education to students due to the Covid-19 pandemic.
Get Ready to Learn with Vedantu's Masterclass!
Vedantu is now offering Live online class support in Bengaluru, New Delhi, Kerala, and Hyderabad, along with free access to its complete learning platform.