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Bangalore: Bangalore-based startup Vedantu has raised $100 million in its Series D financing round, just five months after it closed its Series C funding. The startup serves 25 million students each month.
U.S.-based Coatue led the six-year-old Vedantu’s new financing round, with participation from some existing investors. The new funds valued Vedantu at $600 million, up from $275 million in February this year when the startup closed its extended Series C round. Vedantu has raised about $200 million to date.
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