Just after a month of acquiring a rival, BYJU'S is again on the field close to
signing a deal to acquire Toppr for $150 million.

Toppr is an app for students from 5th to 12th with power packed backing from
SAIF Partners and Helion Ventures.

The deal isn't closed yet, so not sure of how much money Toppr's #investors are
going to make.

Toppr is the latest target for Byju’s, after it saw a surge in its user base
during the pandemic.

In January 2021, Byju's signed one of the largest #edtech deals of the world
worth $1 billion to acquire Akash Educational Services Ltd.

The massive pile of cash in Byju's comes from the two separate funding rounds in
September 2020, led by Silver Lake and BlackRock, respectively, that valued the
#startup at $11 billion.

"We are nowhere close to saturation in ed-tech space", said Byju Raveendran and
we can clearly see that.

Oppositely, Byju's is actually bringing its rivals close to saturation by
acquiring them all.

Which other startup businesses do you think would be next in Byju's list of
acquisitions?



Originally posted by Radhika Bajoria on LinkedIn
link: linkedin.com/in/radhika-bajoria-3102ba158