INSUBCONTINENT EXCLUSIVE:
The development has come less than a week after it had acquired US-based online reading platform for children, Epic for $500 million.In
April this year, Byju's had acquired Aakash Educational Services Ltd for $1 billion.Byju's has spent $600 million to acquire Great
Learning while $150 million have been spent on acquiring Toppr, according to media reports and regulatory filings.The edtech company will
enter the upskilling and reskilling segment with the acquisition of Great Learning
across domains such as data science, digital marketing, artificial intelligence, and machine learning, in association with recognised
universities globally.With these two latest acquisitions, Byju's has acquired six startups in 2021 in India as well as in the United
States of America.The edtech company has spent around $2 billion in acquiring companies involved in the field of education and learning
technology in 2021 alone.Byju's plans to put to use its technology with Great Learning's professional courses in areas like cloud
computing, reports said.Acquisitions by Byju's of companies involved in providing similar services like its own will boost its offerings,
Mohan Lakhamraju, Hari Nair and Arjun Nair will remain and run it as an independent unit.Media reports quoting Mr Lakhamraju further said
like Stanford University and Massachusetts Institute of Technology.Last week, Byju's had acquired Epic, which is a digital reading
1 billion in North America to accelerate its vision of helping students fall in love with learning.The taking over of Epic will help Byju's
expand its footprint in the United States by giving access to more than two million teachers and 50 million children under Epic's
existing user base across the world, which has more than doubled over the last year, the company had said.
