Interactive online tutoring platform Vedantu on Friday raised $42 million in a Series C funding round led by Tiger Global and WestBridge Capital. Existing investors Accel, Omidyar Network India and TAL Education, as well as Prince Maximilian of Liechtenstein & CEO, LGT group and the founders of Vedantu, also participated in the round. LGT Group is the largest family-owned private banking and asset management group in the world.

— Mint

L&L Partners advised WestBridge Capital with a transaction team consisting of partners Vikrant Kumar and Vasudev Dibbur, who were assisted by associates Bissheesh Roy, Anina D’Cunha and Samarth Vijay.

Update 27 December 2019: Link Legal India Law Services advised existing investor TAL Education led by a team including partner Manish Gupta and senior associate Ashish Ahluwalia.

Update 6 January 2020: Bharucha & Partners advised Vedantu Innovations Private Limited and its promoters led by a team including partner Alka Bharucha, managing associate Swathi Girimaji and associate Aishwarya Gupta.

2019-08-14

Deal value: $42m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.