Byju’s list of aquisitions: Great Learning, Epic, Aakash Educational Services, WhiteHat Jr and more
Edtech major Byju’s has been on a purchasing spree in 2021. The Bengaluru-based firm, which is India’s one of the most valuable unicorn startups with a valuation of $16.5 billion, on Monday acquired Singapore-headquartered Great Learning for $600 million.
The company stated it will invest another $400 million to accelerate Great Learning’s growth and strengthen its position in the professional and higher education segment. The move comes just days after Byju’s had announced the acquisition of US-based digital reading platform Epic for $500 million.
Byju’s is backed by a string of marquee investors including General Atlantic, the Chan-Zuckerberg Initiative, Naspers, Silver Lake and Tiger Global.