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BYJU s acquires Singapore-based professional skilling firm Great Learning for USD 600 million
Tuesday, July 27th 2021
India-based BYJU’S edtech platform announced its acquisition of Singapore-based Great Learning which focuses on professional and higher education, in a deal valued at USD 600 million.
BYJU s was founded in 2011 by Byju Raveendran and Divya Gokulnath. Photo courtesy: BYJU s
The company yesterday said it would invest another USD 400 million, making a total commitment of USD 1 billion in the professional upskilling and life-long learning space.
“With this acquisition, BYJU s would expand its offerings beyond the K12 and test prep segments,” said the company in a statement.
“Great Learning would continue to operate as an independent entity of the BYJU’S group under the leadership of its founder and CEO, Mohan Lakhamraju and co-founders, Hari Nair and Arjun Nair. The company would also accelerate its organic and inorganic growth in India and overseas,”�
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