Vedantu acquires Instasolv, a doubt-solving app – the latest in buzzing edtech acquisitions in India

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Vedantu acquires instasolv, a doubt-solving app – the latest in buzzing edtech acquisitions in india

22 Feb 2021

1 min read

Indian online tutoring startup Vedantu has acquired Instasolv, a doubt-solving app – marking its first acquisition in the buzzing educational technology space. While the details of the deal remain undisclosed, Vedantu had also invested $2 million in Instasolv in July 2020.

“Last year we took a strategic decision to invest in Instasolv to strengthen our play in doubt-solving, which is one of the key aspects of learning online. We have seen tremendous potential in Instasolv and share the same mission to democratize education in the country. Through this partnership we endeavor to change India’s learning curve through definitive outcomes,” said Vamsi Krishna, chief executive officer and co-founder of Vedantu, in a statement.

The full article was originally published on Business Insider

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Vedantu acquires Instasolv, a doubt-solving app – the latest in buzzing edtech acquisitions in India | PraxisGA