Vamsi Krishna
BIO
Vamsi Krishna is the CEO & co-founder of Vedantu, an online tutoring platform where teachers provide tuition to students over the internet, using a real-time virtual learning environment named WAVE (Whiteboard Audio Video Environment), a technology built in-house.
He is also the co-founder of Lakshya, which is a renowned test preparation institute in North India, which was acquired by BSE-listed MT Educare in 2012.
Vamsi holds an engineering degree from the Indian Institute of Technology, Bombay.
Career Growth & Startup Journey
After completing his graduation, Vamsi Krishna decided to experiment with quality teaching. He, with his partners, selected a small village in Punjab and started teaching unprivileged kids. Seven out of 11 students were selected for the top IITs.
Vamsi then co-founded Lakshya in 2006 headquartered at Chandigarh, Punjab. The company grew over 7 years with the introduction of various academic systems and processes like standardized content, and standardized pedagogy for the teachers, to improve and maintain quality. In 2012, MTEducare, an MNC, bought a major stake in Lakshya.
In 2014, Vamsi co-founded Vedantu - an online tutoring platform. Initially, the company provided services to students of grades 4th to 12th for the Indian Certificate of Secondary Education (ICSE) & the Central Board of Secondary Education.
Currently, the company’s primary business is live online tutoring in STEM, Hindi, English, Sanskrit, German, French, Environmental Science and Social Science, using WAVE method for their 1-1 student-teacher live sessions.
It also claims to provide test preparation courses for the Indian Institute of Technology Joint Entrance Examination (JEE) Foundation, National Talent Search Examination (NTSE) and Problem Solving Assessment (PSA).
Vision
The Vedantu co-founder’s vision is to reimagine and evolve the teaching and learning that have been happening for decades. By combining quality teachers, superior technology, and engaging content and being able to create a superior learning experience for the students and aid in their improvement.
Funding
- May 2015 - Accel, Tiger Global Management
- November 2018 - Accel, Omidyar Network, TAL Education Group
- August 2019 - Trifecta Capital Advisors & Tiger Global Management, WestBridge Capital
- February 2020 - GGV Capital
- April 2020 - KB Global Platform Fund & Legend Capital
- July 2020 – Coatue
Podcast
CEO & co-founder of Vedantu Vamsi Krishna talks about the unseen struggles of an entrepreneur and what it took to make Vedantu what it is today, with Accel Partner Anand Daniel on the #INSIGHTSPodcast2019 series.
You can listen to the episode here - Vedantu's Hard Road to Success | SeedToScale
Quote
"Entrepreneurship is hard. The reason for which you are doing this needs to be really strong; do not enter startups or entrepreneurship with the herd mentality. Or to make big money- it is the worst way to make money; there are far better ways."
Vamsi Krishna
CEO & co-founder of Vedantu