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Indian online learning platform Vedantu becomes unicorn with $100 mn funding

Online learning platform Vedantu has raised $100 mn in a new financing round and has become the latest Indian startup to become a unicorn following a year of strong growth. Vedantu, which last month refuted rumors of it considering a sale to Byju’s, said on Wednesday it has raised $100 mn in its Series E financing round that valued it at $1 billion, up from about $275 mn early last year.