Online tutoring firm Vedantu has raised $11 million from existing investors, including ABC World Asia, Accel India and Omidyar Network India, in a convertible equity round, the company said on Friday.

Edtech unicorn Vedantu Innovation Pvt Ltd. widened its losses even as its revenues jumped by 80%. The startup’s losses increased to ₹696.3 crore in the last financial year (FY22), about 13% higher as ...