News > Byju's to acquire e-learning platform Vedantu for $600-$700 mn
Byju's to acquire e-learning platform Vedantu for $600-$700 mn
Glamsham | 06/08/2021 01:33 PM | Click to read full article
Continuing its buying spree in 2021, leading online learning platform Byju’s is in advanced talks to acquire live online learning platform Vedantu for around $600-$700 million, reliable sources told IANS on Friday. This will be the fourth major acquisition by Byju Raveendran-run company this year.
Vedantu offers individual and group classes across K-12 and test preparation segments. Over 1.5 lakh students study live every month on the platform and more than 40 million users access free content, tests, doubts, videos on Vedantu’s platform and its channels on YouTube monthly.