Vedantu to Build 2,500 New Employment Opportunities to Accelerate Growth: EdTech Platform Vedantu said on Tuesday that it intends to recruit 2,500 employees across the board over the next three months, such as product, technology, academics and industry, to make a deeper journey into smaller towns and cities. The business currently employs 6,000 people and will expand to 8,500 after the expansion. According to the business, new hires from India’s premium B-schools and engineering institutes will be at the entrance and mid-level. Last month, the e-learning company acquired Instasolv, a doubt-solving software for science, mathematics, IITJEE and NEET students from Class 6 to 12, for an undisclosed amount.
According to the group, the acquisition will improve its dispute resolution and strengthen its presence in Tier 2 and Tier 3 markets. This was Vedantu’s first acquisition of EdTech to reinforce its emphasis on instant doubt-solving space. Last year, Vedantu spent $2 million as part of the Instasolv A pre-series of funding. Vedantu saw six to seven times the increase, with 75 million hours of classes delivered across its network last year as millions stayed home.The number of students attending live classes on the platform has increased to 6.3 million across the K-12 group and competitive exams such as JEE and NEET, the company said.