Indian Express | 16/02/2021 09:49 AM | Click to read full article
Byju’s is in advanced stages of talks to acquire rival, Toppr, industry sources said, indicating that the transaction could be around $150 million. Byju’s latest acquisition target underlines its aggressive expansion at a time online learning has been gaining currency.
If the deal goes through, Byju’s will get access to Toppr’s base of subscribers and related user data. Mumbai-based Toppr services the K-12 and test preparation market. It claims to have 35 million monthly active users.