On November 24, 2018, Vamsi Krishna, CEO & co-founder of Vedantu, told Mint that his Bangalore-based e-learning company had managed to raise $11 million in a Series B funding round. Vedantu is of course an interactive online tutoring platform where teachers provide school tuitions to students over the internet, using a real-time virtual learning environment named WAVE, a technology built in-house.

Vedantu, which means ‘knowledge network,’ offers learning flexibility with group sessions costing Rs 50-150 and a private session priced at Rs300-600\. The fresh repository of funding will help the company expand and penetrate tier 2 and tier 3 where their group sessions are already doing well. The app already services 80 cities including Bengaluru, Mumbai and Delhi, and also caters to students from 36 countries and 1,200 cities, Vedantu at present tutors students from 6th to 12th grade and visualises in the near future, its entry into the GMAT and GRE competitive space.

And in a technological development initiative that will truly push e-learning beyond the regular methodolgies, the company will aim to make the sessions more personalized by tracking the student’s attention span and concept understanding using machine learning, facial recognition etc.

In this Moneycontrol Deep Dive podcast, we will examine the boom in the e-learning businessscape in India.