Vedantu plans $150-200 million IPO by 2027

Vedantu plans to launch an initial public offering (IPO) worth $150-200 million between late 2026 and 2027, as it approaches profitability. The company aims for a revenue threshold of 500 crore before proceeding with the IPO. The Bengaluru-based edtech startup has seen a 21% increase in revenue to 184 crore in FY24 and reduced losses by 58% to 157 crore. Vedantu's offline expansion has been profitable, with 20 centers opened, and it plans to add 8-9 more this year. Vedantu's online business also grew by 35%, with a current revenue split of 60% online and 40% offline. The company is focusing on sustainable growth and expanding its offerings, including regional language courses and educational products.