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Vedantu income nears Rs 200 Cr in FY24; losses cut by 58%

Summary by Entrackr
After a slight decline in operating scale in FY23, edtech unicorn Vedantu reported a 21% year-on-year revenue growth for the fiscal year ending March 2024. Significantly, the Bengaluru-based company reduced its losses by 58% during the same period. Vedantu’s revenue from operations grew to Rs 185 crore in the last fiscal year from Rs 153 crore in FY23, its consolidated financial statements sourced from the Registrar of Companies show. Vedantu’s…
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