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Tiger Global-backed Vedantu's loss widens to ₹696 cr in FY22
short by Bhawana Chaudhary / on Tuesday, 31 January, 2023
Tiger Global-backed edtech unicorn Vedantu posted a net loss of ₹696 crore in FY22 against losses of ₹616 crore in the previous fiscal. The firm's overall expenditure went up 19% to ₹891 crore in FY22 from ₹748 crore in the year-ago period. However, its total revenue jumped to ₹194.3 crore for FY22, up 43% from the previous financial year.
read more at Moneycontrol