Byju’s acquires Great Learning for $600 million – Times of India

New Delhi: EdTech Head byjuannounced the acquisition of its Singapore headquarters on Monday great learning In transactions worth $600 million, including cash, stock and earnings.
The company has also earmarked an additional $400 million investment in the professional and higher education segment to accelerate the growth of Great Learning, a statement said.
“The acquisition reflects BYJU’s strong push into the professional upskilling and life-long learning space globally with a total commitment of $1 billion, which goes beyond its offerings.” K12 and test the prepaid segment, and further accelerate the company’s growth plans.”
Great Learning will continue to operate as an independent entity under Byju’s Group led by its founder and CEO Mohan Lakhamraju and co-founder, Hari Nair | and Arjun Nair.

.

Leave a Reply