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UpGrad acquires KnowledgeHut for an undisclosed amount to expand abroad

UpGrad acquires KnowledgeHut for an undisclosed amount to expand abroad UpGrad, an ed-tech platform, has announced the acquisition of Bengaluru-based KnowledgeHut, with the objective of expanding into international markets and entering the lucrative short-term skill development courses segment which has a market potential of over $58 billion. The move comes just weeks after UpGrad announced a $250 million investment in mergers and acquisitions throughout 2021 to support inorganic growth. Courtesy: KnowledgeHut via Twitter The financial details of the deal were not revealed by UpGrad. The Mumbai-based ed-tech platform will enjoy full rights to KnowledgeHut’s 2.5 lakh worldwide learner community as a result of this agreement. The company, which will now be rebranded as

BYJU S Acquires Bengaluru-Based Augmented Reality Startup Whodat

BYJU’S Acquires Bengaluru-Based Augmented Reality Startup Whodat Share story The entire Whodat team and its proprietary computer vision platform will move on to BYJU’S Whodat’s AR platform is built on computer vision and lets developers build apps that require location accuracy beyond the capabilities of GPS alone This is the fifth major acquisition for BYJU’S this year, following Aakash Educational Services, Great Learning, Toppr and US-based Epic Adding to its acquisition spree this year, edtech giant BYJU’S has acquired Bengaluru based computer vision and augmented reality (AR) startup Whodat. This is the fifth major acquisition for BYJU’S this year, following the mega deals for Aakash Educational Services, Great Learning, Toppr and US-based Epic. 

We expect about a third of our revenues from international markets in the next 3-4 years: Byju s CSO

We expect about a third of our revenues from international markets in the next 3-4 years: Byju s CSO
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Byju s acquisitions continue; acquires learning app Toppr, upskilling platform Great Learning

Byju s acquisitions continues; acquires learning app Toppr, upskilling platform Great Learning Byju’s is expected to pay $600 million to acquire Great Learning and $150 million for the acquisition of Toppr After acquiring Epic, a digital reading platform for kids, for $500 million (about Rs 3,729.8 crore) last week, Byju s has acquired Toppr-after-school learning app, and Singapore-headquartered Great Learning an upskilling platforms for professionals and higher education, according to regulatory filings filed by the company. The filings show that the acquisition involved a mix of cash and equity. Shareholders of Great Learning and Toppr have swapped their respective shares with Byju’s Series F shares.

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