The Education Daily
Saturday, April 1, 2023
No Result
View All Result
  • News
  • Insights
  • EdTech
  • Events
  • Study Abroad
  • NewsMakers
  • World
The Education Daily
  • News
  • Insights
  • EdTech
  • Events
  • Study Abroad
  • NewsMakers
  • World
No Result
View All Result
The Education Daily
No Result
View All Result
Home Business

Byju’s in line up to to acquire Toppr in $150 million deal.

Second quick acquisition after Whitehat Jr.

by Aanchal Shalini Pundir
February 17, 2021
in Business, Courses, EdTech, Online Classes, Reports
Reading Time: 2 mins read
A A
Byju’s in line up to to acquire Toppr in $150 million deal.

TED NewsDesk, New Delhi: Online classes giant Byju’s is in advanced talks to acquire toppr and if the talks are successful, Byju’s will get access to Toppr’s base of subscribers and related user data.

The move highlights Byju’s aggressive expansion at a time when online learning is touching new heights.  “In the digital space, it is largely about economies of scale. A lot of the business model will depend on the analytics which comes from the data they have,” said Anindya Mallick, partner at Deloitte.

Byju’s can use this data to launch projects that are more relevant and tailor-made for the current market scenario.  “The organization which has access to data, can predict where the market will be going in the future and have products and services around that will be the ones that will be the clear winner,” Mallick said.

Byju’s may also have a desire to leverage what Toppr is trying to do with schools, said an industry expert on condition of anonymity. The company, for instance, has developed the Toppr School OS app that aggregates all school content on one platform, equipping authorities to bring their schools online.

Consolidation in the ed-tech space is likely to continue, said Ankur Pahwa, partner at EY.

Byju’s is also in the talks to acquire brick and mortar test preparation company Aakash Educational Services in a $1-billion deal. It recently acquired WhiteHat Jr in a $300-million transaction.

“It is not about the content or curriculum. The opportunity is in terms of innovating on how we personalize this content in the way it is delivered to students. We can also innovate on the format. It has to be content first and technology as an enabler approach,” founder & CEO Byju Raveendran said.

Previous Post

For free Coaching classes, Abhyudaya scheme launched in Uttar Pradesh

Next Post

Maharashtra Board announces dates for SSC and HSC 2021.

Next Post
Maharashtra Board announces dates for SSC and HSC 2021.

Maharashtra Board announces dates for SSC and HSC 2021.

The Education Daily

A daily dose of news, views, opinions, and actionable information from the global education sector. Our newsletter is available for a limited audience. If you are interested to write or contribute to this portal then please get in touch.

Recent News

STEM-Education-Preparing-Students-for-the-Jobs-of-the-Future-theeducationdaily-london-1.jpg

STEM Education and Jobs: Preparing Students for the best Jobs of the Future

March 31, 2023
How-Artificial-Intelligence-is-Revolutionising-Online-Learning-theeducationdaily-london.jpeg

How Artificial Intelligence in best Online Learning Revolutionising

March 31, 2023

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links

© 2020 TED - A Medianiti Venture.

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • The Education Daily
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2020 TED - A Medianiti Venture.