Vedantu to acquire majority stake in Deeksha for $40 million

The online learning platform Vedantu acquired majority stake in Ace Creative Learning Pvt. Ltd, commonly known as Deeksha for $40 million.

Through its 39 centres in three states, Deeksha has created over 65,000 success stories. The collaboration’s goal is to use Vedantu’s technology and integrate it into offline centres to create a scalable hybrid model that provides affordable access to quality education even in remote Tier 3 and Tier 4 towns. This initiative will strengthen Deeksha’s pioneered learning model, which specialises in competitive exam prep alongside board exam prep, through collaboration with schools and colleges.