India, May 9 -- Edtech startup Vedantu achieved profitability in the March quarter of the fiscal year 2024-25 (Q4 FY25), with collections surging 67% year-on-year (YoY) to INR 90 Cr, cofounder and CEO Vamsi Krishna said.
On the back of a strong Q4 performance, Vedantu also reported its "strongest year ever since its inception" in FY25, Krishna said in a LinkedIn post. The edtech company closed FY25 with INR 284 Cr in collections, marking a 55% increase from the previous fiscal year, while reducing its cash burn by 30% YoY to INR 70 Cr.
Krishna further said, "..this wasn't even our peak quarter, which puts us on a clear trajectory for a cash flow positive FY26."
In FY24, the company's net loss declined 58% to INR 157.52 Cr from INR 372....
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