Vedantu To Take Majority Stake In Deeksha For $40 Million This initiative will further support Deeksha's pioneered learning model that specializes in competitive exam prep in sync with board exam prep through collaboration with schools and colleges

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Vedantu, an online learning platform in India, has announced that they have bought a majority stake in Deeksha, (Ace Creative Learning Pvt. Ltd), a test preparation platform in Karnataka for board and competitive exam coaching for students of grade 11th and 12th. With majority stake in the strategic investment, this partnership has been closed at a deal size of $40 million. This initiative will further support Deeksha's pioneered learning model that specializes in competitive exam prep in sync with board exam prep through collaboration with schools and colleges.

"With this acquisition, our mission is to empower and scale Deeksha's current learning model by deploying our disruptive in-house hybrid technology to reach the masses in remote areas and create impact at scale. This culmination of online and offline capabilities will help us expand our hybrid learning initiatives. We endeavor to change India's learning curve through definitive outcomes at the back of our strong passion for delivering quality learning. This impact will be possible because of the shared vision, mission, values, and culture of our two organizations," said Vamsi Krishna, CEO and co-founder, Vedantu.

Leveraging Vedantu's industry-best online learning innovation and Deeksha's massive offline footprint, both partners envision digitizing classrooms in tier III and tier IV cities where quality education is not accessible and bring forth immersive learning experiences to students. Together Vedantu and Deeksha will revolutionize the way education is imparted, improve the quality of the learning system as a whole, and help students to achieve their true potential with outstanding learning outcomes, as per a joint statement.

"Deeksha has always believed in nurturing success of every child through a triple integration model that amalgamates wellness, academics and technology. Through this partnership, we will leverage Vedantu's LIVE Class platform for our students and provide a hybrid solution that maximizes learning outcomes through personalized learning algorithms. Vedantu's hybrid learning model will also enable us to provide the same. Deeksha Experience to millions of students in smaller towns and cities at an affordable cost," said Dr. Sridhar, co-founder, Deeksha.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Uber's CEO Says Drivers Have About 10 Years Left Before They Will Be Replaced

Uber CEO Dara Khosrowshahi says the jobs of human drivers are safe for the next decade, but after that, another type of driver will take over.

Business News

'Everyone Can Profit From It': What Is DeepSeek? China's 'Cheap' to Make AI Chatbot Climbs to the Top of Apple, Google U.S. App Stores

DeepSeek researchers claim it was developed for less than $6 million, a contrast to the $100 million it takes U.S. tech startups to create AI.

Franchise

Franchise Models Explained — How to Choose the Right One for Your Goals

Navigating the franchise world starts with understanding key business models. Here's how project-based and subscription franchises differ in investment, scalability, and recession resistance.

Business News

Elon Musk's DOGE Is Hiring People Eager to 'Work Long Hours' to Eliminate 'Waste, Fraud and Abuse' in the Government. Here's How to Apply.

The Department of Government Efficiency is hiring U.S. citizens to help cut spending and headcounts in the federal government.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Science & Technology

From Data to Destiny — How AI Can Turbocharge Your Business Future

Are you ready to embrace the power of AI with trusted data? Let's transform challenges into opportunities and propel your business into the future.