India, Dec. 21 -- Edtech unicorn Vedantu's net loss declined 58% to INR 157.52 Cr in the financial year 2023-24 (FY24) from INR 372.64 Cr in the previous fiscal year on the back of growth in its top line and improvement in margins.

The startup's revenue from operations increased 21% to INR 184.50 Cr from INR 152.59 Cr in FY23. Including an other income of INR 14.73 Cr, total revenue for the fiscal stood at INR 199.23 Cr.

Founded in 2014 by Vamsi Krishna, Anand Prakash, and Pulkit Jain, Vedantu is an edtech startup which offers online and offline courses for students in 4th class to 12th class. It also provides coaching for NEET and JEE entrance exams. Recently, it started offering curated courses for kids of 4 to 12 years of age.

The s...