The world’s most valued edtech startup, the $16.5 billion Byju’s, has been buying one startup after another.
Aug 7, 2021
Credit: BI India
Byju’s has already acquired 7 startups in 2021 so far
That’s an average of one acquisition every month.
Credit: Canva
Whodat | Amount: Undisclosed | Month: August
Whodat is an augmented reality (AR) startup that helps developers create immersive apps, products and experiences.
Credit: Canva
Great Learning | Amount: $600 million | Month: July
Great Learning is an upskilling platform that has over 1.5 million learners over 170 countries.
Credit: Canva
Epic | Amount: $500 million | Month: July
Epic is a US-based digital reading platform that focuses on kids under the age of 12. It claims to have over 50 million students and 2 million teachers on the platform.
Credit: Canva
Aakash Educational Services | Amount: $1 billion | Month: April
Aakash Educational Services is a network of 200 coaching institutes bought for $1 billion in April 2021.
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More to be announced
Byju’s is also said to have secretly acquired several other companies this year. These are the acquisitions that haven’t been announced yet
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Toppr
Like Byju’s, Toppr offers online courses for class 5-12. It also offers courses for competitive exams like JEE, NEET and more. The deal is yet to be announced officially, but Byju’s has filed regulatory paperwork for this.
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HashLearn
HashLearn is a mobile tutoring app that offers coaching for competitive exams like JEE and NEET.
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Scholr
Scholr provides video solutions for Class 6 to 10 students to solve doubts across subjects including Maths, Physics, Chemistry. Biology.
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Another one incoming
Media reports suggest that Byju’s is in talks to acquire seven-year-old Vendatu for $700-800 million. The duo are reportedly in advanced stages of talks.
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