Mumbai, Sept. 27 -- Online tutoring firm Vedantu has raised $11 million from existing investors, including ABC World Asia, Accel India and Omidyar Network India, in a convertible equity round, the company said on Friday. The fresh capital, part of a larger ongoing fundraise, will be deployed towards category expansion, both organic and inorganic, alongside investments in technology, artificial intelligence (AI) and adaptive content to improve personalization and learning outcomes, Vedantu said. Mint was the first to report in June that Vedantu was in talks to raise $10-15 million from its existing investors through a convertible round as it sought to strengthen its balance sheet and prepare for a potential public listing. The funding comes ...