Vedantu’s core revenue falls below FY21 level; losses narrow in FY24

Quick Summary:

Vedantu’s consolidated operating revenue grew by a fifth, while its losses narrowed by over half for the fiscal year ended March 2024.

Vedantu's last reported layoffs occurred in December 2022, affecting 385 employees in its fourth round of layoffs that year.

The future of education, at least in our space, will be a mix of both offline and online,” Krishna had told The CapTable earlier this year.“I am sure Vedantu will get there eventually.

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Article Details

Author / Journalist: Ishan Patra

Category: StartupsEconomyBusiness

Markets: IndiaSingapore

Topics: Vedantu Privacy Operating Year Revenue Vedantu’s Crore Losses Policy Company Edtech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 08:51:58 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

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News ID: 24546214

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