Byju’s is on its way to becoming an educational conglomerate. The company bought Aakash Educational Services for $950-million in a cash-and-stock deal.
Teachers being the unsung hero during a pandemic, education space became more prominent during this time and became the catalyst of change. Last year, 4,440 ed-tech platforms raised funding of more than $1.1 billion, which is four times more than what was raised in four years previously.
The pandemic not only changed the traditional methods of teaching, it also spurred education technology revolution up to its competition quickly.
Byju’s app and how it disrupted India’s education sector is a case study at Harvard Business School but it is not all positive for its users.
Digital Gurukul, Edtech startup from Indore led by Dr Raj Padhiyar has acknowledged initial interest from investors groups to raise $5 Million for a 10 per cent stake.
Byju’s, the world’s most valuable edtech company, has made its largest acquisition so far with Osmo. The deal is opportune given the current global momentum in the sector Edtech startup Byju’s has acquired US-based learning platform Osmo for US$ 120…
With a valuation of US$ 3.6 billion in its latest funding round, Byju’s is now keen to expand its portfolio and also tap new markets in India and overseas. Edtech startup Byju’s received a major boost in its valuation when…