Education technology platform Vedantu has raised Rs 96 crore (about $12.5 million) as part of its Series-C1 round, led by Chinese venture capital firm Legend Capital, with participation from Omidyar’s Ohana Holdings. The investment follows a $42-million fund infusion led by Tiger Global Management in August last year, followed by a $24-million round from GGV Capital in February this year.

— The Economic Times

Bharucha & Partners advised Vedantu Innovations Private Limited led by a team of partner Alka Bharucha, managing associate Swathi Girimaji, senior associate Neekesh Shetty, senior associate Aishwarya Gupta.

2020-04-09

Deal value: USD 12.5 million

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