Vedantu to acquire majority stake in Deeksha for $40 million

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The online learning platform Vedantu acquired majority stake in Ace Creative Learning Pvt. Ltd, commonly known as Deeksha for $40 million.

Through its 39 centres in three states, Deeksha has created over 65,000 success stories. The collaboration’s goal is to use Vedantu’s technology and integrate it into offline centres to create a scalable hybrid model that provides affordable access to quality education even in remote Tier 3 and Tier 4 towns. This initiative will strengthen Deeksha’s pioneered learning model, which specialises in competitive exam prep alongside board exam prep, through collaboration with schools and colleges.

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Vedantu to acquire majority stake in Deeksha for $40 million

The online learning platform Vedantu acquired majority stake in Ace Creative Learning Pvt. Ltd, commonly known as Deeksha for $40 million.

Through its 39 centres in three states, Deeksha has created over 65,000 success stories. The collaboration’s goal is to use Vedantu’s technology and integrate it into offline centres to create a scalable hybrid model that provides affordable access to quality education even in remote Tier 3 and Tier 4 towns. This initiative will strengthen Deeksha’s pioneered learning model, which specialises in competitive exam prep alongside board exam prep, through collaboration with schools and colleges.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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