Vedantu

EdtechIndia

New to Unitard

✂️ Markdown

🦄
Became a unicorn
2021
📈
Peak valuation
$1 Billion ’21
💔
Became a Unitard
2024
💸
Last valuation
—

Current status

Dropped off unicorn lists by 2024 after mass layoffs and a multi-year funding drought; raised only ~$2.3M in 2024

The rise & fall

6 moments · 2011–2024

The key moments, with employee sentiment along the way.

2011

Founded in Bengaluru

Live online tutoring for school students, years before the pandemic makes it a category.

Inc42

Sep 2021

The peak: a $1B Series E at edtech's height$1B

Tiger Global and Coatue lead the round at the very top of the pandemic online-learning boom.

Inc42

2022

Classrooms reopen; 1,100+ jobs go

Live-tutoring demand shrinks as schools return in person and edtech funding collapses.

Inc42

2022–24

From the inside · Glassdoor reviews, 2022–24

Employee reviews traced the squeeze from inside: staff described layoff rounds arriving almost yearly, appraisals shrinking toward zero, and six-day weeks of target-driven, 12-hour calling shifts — though reviewers across roles noted salaries still landed on time.

Jan 2024

Slips out of the club

Dropped from unicorn lists as its implied valuation falls well below $1B after three years without meaningful funding.

Inc42

2024

A ~$2.3M lifeline

After three dry years, the once-$1B startup raises just ~$2.3M in debt and equity.

Entrackr

💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.

How it happened

Vedantu was a prominent Indian online-tutoring startup offering live classes for school students, crossing the $1B mark in a September 2021 Series E led by Tiger Global and Coatue at the pandemic edtech boom's height.

As classrooms reopened and edtech funding collapsed, it cut more than 1,100 jobs, raised only a tiny ~$2.3M round in 2024 after three dry years, and was dropped from unicorn lists in early 2024.

Source: Inc42 / ION Analytics / Entrackr (online live-tutoring startup; reached a $1B unicorn valuation in a Sept 2021 Series E led by Tiger Global and Coatue; cut over 1,100 jobs in 2022, struggled to raise, and was removed from unicorn lists in January 2024 as its implied valuation fell well below $1B; raised just ~$2.3M of debt-equity in 2024)

Founders

Vamsi Krishna
Co-Founder & CEO
Still there — CEO & Co-FounderLinkedIn ↗
Pulkit Jain
co-founder & head of product
LinkedIn ↗
Anand Prakash
co-founder
No public profile matched
Saurabh Saxena
co-founder (departed)
Now Founder & CEO at LaunchVerseLinkedIn ↗

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

Disclosed investors (15)

Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.

* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard

Vedantu

The rise & fall

How it happened

Founders

Disclosed investors (15)

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