Byjuâs to acquire rival Toppr for USD 150 million: Report
Byju s has been aggressively expanding its presence across the educational space online and offline. SAIF Partners and Helion Ventures-backed Toppr is an online player and the latest company to be acquired by Byjuâs.
The company has explored the opportunity made available to online education which is created by the COVID-19 pandemic.
In January, Facebook-backed startup acquired test prep leader Aakash Educational Services Ltd for USD 1 billion. Not to forget, it also acquired startup WhiteHat Jr for USD 300 million.
The valuation of Bangalore-based Byjuâs is estimated to be around USD 11-12 billion.