India, July 29 -- The frost is beginning to thaw, and Vedantu has hit the ground running, yet again.
"We aren't here for a sprint. We're here for the marathon," Vamsi Krishna told Inc42, as his beleaguered edtech startup claimed to have broken even with the protracted funding winter on the ebb.
But, is Vedantu's turnaround a genuine scaling or simply the effect of a lower cost structure? The question is doing the rounds in the Indian edtech landscape.
From being flush with funds to the funds tap running dry - the last five years have seen the edtech sphere running into a rough patch with flagship ventures like Front Row and Udayy shutting shops, giants like BYJU'S and Lido Learning going bankrupt, and scores of smaller potential player...
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