Byju’s buys Great Learning for Rs 4,466 cr

Byju’s is acquiring Singapore-headquartered Great Learning for about Rs 4,466 crore. The edtech company has also added that it will invest an additional $400 million to strengthen its position in the professional and higher education segment. The acquisition comes just days after Byju’s had announced the purchase of Us-based digital reading platform Epic for around Rs 3,729.8 crore and an additional about Rs 7,459.7 crore investment in the North American market. “The acquisition marks Byju’s strong push into the professional upskilling and life-long learning space globally with a total commitment of $1 billion,” the edtech company has added.