The ed-tech firm, however, did not disclose the financial details of the deal. Earlier in 2020, Vedantu had invested $2 million as part of a pre-series A round funding in Instasolv. Last year we took a strategic decision to invest in Instasolv to strengthen our play in doubt-solving, which is one of the key aspects of learning online. We have seen tremendous potential in Instasolv and share the same mission to democratise education in the country, Vedantu CEO and co-founder Vamsi Krishna said in the statement. This is Vedantu s first acquisition in an education technology company to strengthen its focus in the instant doubt-solving space, where doubts are solved by quality teachers in a chat format.
Vedantu acquires doubt solving platform Instasolv
February 22, 2021
Vamsi Krishna, co-founder and CEO, Vedantu×
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With this, it intends to strengthen its focus in the instant doubt solving space.
Vedantu, a pioneer in LIVE online learning, has acquired Instasolv, the second-largest doubt solving app in the country for students from Class 6 – 12 for science, mathematics, IITJEE, and NEET.
This is Vedantu s first acquisition in an edtech company to strengthen its focus in the instant doubt solving space, where quality teachers in a chat format solve doubts. While the financial details of the acquisition are undisclosed, earlier in 2020, Vedantu had invested $2 million as part of a pre-series A funding in Instasolv.
Making its first acquisition in the edtech space, live learning platform Vedantu has acquired Instasolv, a doubt-solving app for students from Classes 6 to 12 for science, mathematics, IITJEE, and NEET. This also marks Vedantu s growing focus into tier-2 and tier-3 towns as Instasolv’s core focus is in these regions. With this acquisition Instasolv brings in close to 1 million of its potential active learners to Vedantu s platform. In addition, Instasolv will leverage Vedantu s live classes, tech, product and content. Last year, Vedantu had invested $2 million as part of a pre-series A funding in Instasolv. “We have seen tremendous potential in Instasolv and share the same mission to democratize education in the country. Through this partnership we endeavor to change India’s learning curve through definitive outcomes,” said Vamsi Krishna, CEO and co-founder, Vedantu. “Delivery and distribution are two major areas where Vedantu deeply invests and continues to look for