In September 2021, the platform achieved unicorn status by raising $100 million in a Series E round led by ABC World Asia, valuing the company at $1 billion, making it the fifth edtech company in India to achieve unicorn status. The company is planning to go for an IPO between late 2026 and 2027, to raise $150-200 Mn. Vedantu generated a revenue of INR 234Cr for the financial year ending on Mar 31, 2025, reflecting a 1-year revenue CAGR of 17% and an EBITDA CAGR of 46%.
Vedantu achieved unicorn status in September 2021 with a $1 billion valuation, and maintains strong growth momentum with 17% revenue CAGR and 46% EBITDA CAGR. However, the company laid off 100 employees in July 2022 and 350 more in December 2022, indicating structural cost challenges. Recovery and IPO plans in late 2026/2027 position it for potential upside.
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