A Bangalore-based online tutoring company, Vedantu, has said that it has raised 5 million dollars in its first round of funding from Accel Partners and Tiger Global Management.
The startup's announcement comes one day after another test prep startup Toppr disclosed 10 million dollars in new funding, Tech Crunch reported.
Unlike Vedantu, which was launched six months ago, Toppr offers online practice exams instead of tutoring sessions, but both companies are aimed at students who want to get into top secondary education institutions.
Co-founder and chief executive officer Vamsi Krishna said in a statement that the company's series A will be to scale up its platform so students can connect with a tutor in real-time and also make Vedantu available on mobile devices.
