Edtech unicorn Vedantu's net loss quadruples to ₹604.3 cr in FY21

Edtech unicorn Vedantu's net loss quadrupled to ₹604.3 crore in FY21, as compared to the ₹150.1 crore it reported in FY20, the firm's filings with the Ministry of Corporate Affairs showed. Vedantu's consolidated revenue, however, rose to nearly ₹135 crore in FY21. It reported a fourfold increase in expenses to ₹744 crore for FY21 from ₹186 crore a year earlier.