Vedantu bets on inorganic growth, acquires doubt-solving app 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 f...