ABC World Asia led a $100m Series E round in Vedantu.

ABC World Asia, a Singapore-based impact investing fund, led a $100m Series E round in Vedantu, the pioneer in live online tutoring, with participation from Coatue, Tiger Global, GGV Capital and Westbridge. "Vedantu embodies our investment themes of providing better access to quality education and using digital technology to improve lives and livelihoods. In India, online education has the potential to extend the scope of ‘Right to Education’ to students in the underserved community and capture the ‘Next Half Billion’ income group, representing over half of the country’s student population. With EdTech experiencing meteoric growth in India, Vedantu as the pioneer and category creator in LIVE online tutoring is driving the tectonic shift towards online learning," Sugandhi Matta, ABC World Asia Chief Impact Officer.