Ronnie Screwvala-led edtech unicorn upGrad said it has raised a funding of $210 million from marquee investors and Family Offices who join the company cap table. This round has witnessed participation from ETS Global...
Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia
Ronnie Screwvala-led edtech unicorn upGrad has initiated a M&A (mergers and acquisitions) strategy in negotiations to acquire various companies in markets such as the US and Southeast Asia for expansion in those...
Bodhi Tree completes acquisition of 36% stake in Allen Career Institute for $600 mn
Bodhi Tree Systems, the equally owned joint venture between James Murdoch’s Lupa Systems and former Walt Disney Asia Pacific chief Uday Shankar, has completed the acquisition of a 36% stake in Test preparation...
Byju’s plans to raise $2.4 bn to buy American edtech firm 2U
Byju’s has proposed to acquire American edtech company 2U for $2.4 billion in the largest acquisition in this space, two people aware of the development said. Think and Learn Pvt. Ltd, which operates Byju’s, has...
Byju’s eyes Chegg or 2U as it weighs US acquisition
Byju’s, an Indian online education startup, is in discussions to acquire a US target and likely to bid for either Chegg Inc. or 2U Inc., according to people familiar with the matter. The Bengaluru-based company has held...
Education group Pearson sells Courseware businesses in Italy, Germany for $203 million
Global education group Pearson has agreed to sell its local K12 Courseware businesses in Italy and Germany to Sanoma Corporation for 163 million pounds ($203 million), it said on Tuesday. The British company, emerging...
NCLT dismisses plea filed against BSE-listed MT Educare by its former CFO
The bankruptcy court has dismissed a petition filed against BSE-listed MT Educare by its former chief financial officer for allegedly failing to clear his dues. The ruling is expected to set a precedent for similar...
Edtech firm Infinity Learn acquires Wizklub for USD 10 million
Education group Sri Chaitanya-backed edtech firm Infinity Learn announced the acquisition of Wizklub for USD 10 million (about Rs 77 crore) as part of its foray into the cognitive learning segment. The Wizklub team of...
Edtech Start-up Speedlabs Raises ₹14.31 Cr From Mumbai Angels, Others
AI-based EdTech platform SpeEdLabs has raised ₹14.31 crore from Mumbai Angels, LetsVenture, Ecosystem Ventures and SucSeed Ventures in pre-series funding round. The capital will be used to expand its presence and...
Byju’s in talks to acquire listed US edtech firm Chegg valued at $2 billion
Edtech unicorn Byju’s has held talks to acquire California-based online tutoring company Chegg, people in the know of the talks said. In an exclusive interview with ETtech, Byju Raveendran, the company’s...
Byju’s in talks with lenders for $1 billion to fund acquisition plans
Byju’s, India’s most valuable startup, is in talks with lenders to raise more than $1 billion in acquisition financing as the online education provider looks to expand its business rapidly, people familiar with the...
Byju’s Acquires Singapore Education Firm Northwest
Byju’s has agreed to buy Singapore-based online higher education platform Northwest Education Pte in a cash-and-stock deal, said two people aware of the transaction, as India’s largest online tutoring firm continues to...
