Edtech unicorn Byju’s, the country’s most valuable startup, has acquired Singapore-headquartered Great Learning, which offers professional upskilling and higher education courses, for $600 million in a cash, stock and...
Byju’s acquires US edtech firm Epic in $500-million deal
Education technology leader Byju’s has acquired US-based kids learning platform Epic in a $500-million cash-and-stock deal. This is its second-biggest buyout after brick-and-mortar coaching network Aakash...
Blackstone to acquire majority stake in Simplilearn
Global private equity firm Blackstone has invested $250 million (over ₹1,870 crore) in Indian edtech company Simplilearn Solutions Pvt. Ltd for a controlling stake, the PE firm said on Monday. Blackstone will pick up...
Investment firm Temasek, IFC buy out Upgrad Espos worth Rs 220 crore
Singaporean investment giant Temasek Holdings and the World Bank arm IFC have infused an additional Rs 220 crore or $29.5 million into leading online education platform Upgrad focused on up-skilling/reskilling...
Education platform MPOWER Financing raises $100 mn to support study abroad
MPOWER Financing, a leading provider of education loans to students, said that it has raised an equity investment of $100 million. It said the funding underscores investors’ confidence in MPOWER’s position as the...
UpGrad earmarks $250 million for mergers and acquisitions over next 7-9 months
Edtech startup UpGrad said it has earmarked $250 million for mergers and acquisitions over the next 7-9 months on the back of its funding round earlier this year. The Mumbai-based company, promoted by media entrepreneur...
Edtech firm Nalanda Learning raises ₹40 cr from Aavishkaar Capital
Kolkata-based edtech venture Nalanda Learning Systems Pvt. Ltd has raised ₹40 crore from impact investor Aavishkaar Capital, the company said in a statement on Wednesday. Nalanda Learning is a preschool education...
Tiger Global invests in Classplus
Edtech platform for tutors, Classplus, has raised $65 million as a part of its Series C round led by US investment firm, Tiger Global Management. GSV Ventures, along with existing investors Alpha Wave Incubation (AWI)...
KKR to buy majority stake in New Zealand’s Education Perfect
KKR & Co Inc has agreed to acquire a majority stake in New Zealand-based online education company Education Perfect from Mulpha International in a deal valuing the company at $318.82 million, a spokeswoman said on...
Abu Dhabi’s ADQ invests in Byju’s
Abu Dhabi’s state holding company ADQ has invested in India’s online tutoring firm Byju’s, which has emerged as one of the country’s most valuable startups. “We met Byju in 2020 and were floored by his story. Honoured...
Education startup Masai School acquires Design Shift Academy
Career- and coding-focused education startup Masai School on Wednesday said it has acquired Design Shift Academy, a niche skilling venture based in Bengaluru. The deal will boost Masai School’s course offering by adding...
Competition Comm clears Byju’s buyout of Aakash Educational Services
The Competition Commission has approved ed-tech startup Byju’s proposed acquisition of Aakash Educational Services Ltd (AESL). The deal, estimated to be worth around USD 1 billion, which will bolster Byju’s...
