Byju’s opts for big buys to build a global edtech giant
May 09, 2021
Home program: Online coding class from Byju’s group’s WhiteHat Jr BLOOMBERG - Bloomberg / Anindito Mukherjee
Home program: Online coding class from Byju’s group’s WhiteHat Jr BLOOMBERG - Bloomberg / Anindito Mukherjee×
Targets students of all age groups in emerging high-growth areas such as upskilling and coding classes
India’s most valued edtech firm, Byju’s has embarked on an acquisition spree to grow its topline, acquire market share and diversify its offerings beyond the core K-12, or kindergarten to Std XII, segment.
At present, it has three key acquisition targets Bengaluru-based Great Learning; Noida-based Gradeup, and Mumbai-based Toppr at an estimated cost of $550-600 million.