New Delhi: Continuing its purchase in 2021, BYJA’s leading online learning platform is in advanced talks to obtain a direct online learning platform for around $ 600 – $ 700 million, reliable sources to Ivers on Friday.
This will be a fourth big acquisition by a company managed by Byju Ravedran this year.
Safe! You have managed to throw your votelogin to see the results that are in accordance with the source, the Vedantian agreement is currently at the continuation and will be realized immediately after meeting the required regulatory approval.
Veensi, told Ian that there was no “such discussion that happened with BYJU and we did not consider anything like this.”
BYJU has not officially commented on major developments in the growing edtech india room that is growing.
VEFIVE offers individual and group classes in the K-12 and test preparation segments.
More than 1.5 lakh students learn to live every month on the platform and more than 40 million users access free content, tests, doubts, videos on the Vedantu platform and channels on YouTube every month.
BYJU’S, the leading edtech company in the world, with 100 million students registered with its flagship learning application, acquires a big learning of Singapore headquartered for $ 600 million late last month.
This partnership marks the entry of BYJU to the professional and high education segment with a $ 1 billion commitment.
EDTECH COMPANY BYJU is currently the most valuable Indian Unicorn Startup with more than $ 17 billion.
Last month, Epic obtained by BYJU, the world’s leading digital reading platform for children 12 and below, with $ 500 million.
The big acquisition came on his heel to buy the Aakash Institute because of almost $ 1 billion earlier this year.
BYJU’s in August last year acquired Mumbai-based online coding providers, Whitehat Jr.
with an agreement of all $ 300 million (approximately RS 2,246 crore).
Direct Online Learning Platform Vedantu last month announced strategic investment in pedagogy, AI-support learning startup that provides online courses and interactive digital books for students who prepare for competitive examinations.