The Hindu Business Line | 25/07/2021 04:04 PM | Click to read full article
Edtech giant Byju’s has completed the acquisition of two edtech start-ups Toppr and Great Learning, according to the company’s MCA filings.
A source close to Byju’s told that the deal value for Great Learning and Toppr’s acquisition was $600 million and $150 million, respectively. Great Learning had an annual revenue run-rate of $100 million at the time of acquisition. Shareholders of Great Learning and Toppr have swapped their respective shares with Byju’s Series F shares.