BYJU’S, the EdTech decacorn, is continuing its acquisition spree in India and overseas since last year. It has acquired several companies including Aakash, Whitehat Jr., Osmo, Epic, HashLearn, etc. Now, BYJU’S has again acquired an upskilling platform Great Learning in a cash and equity deal of $600 million. This marks the 6th acquisition by the EdTech startup in 2021.
Great Learning – The platform to Upskill & #PowerAhead:
Great Learning is India’s first online upskilling platform for professional and higher education. In its mission to provide impactful learning to everyone, the platform offers free and paid in-demand career-relevant programs and inspires individuals to #PowerAhead in their careers. The learning content includes higher learning degrees, diploma, and certificate courses in digital marketing, data science, artificial intelligence, machine learning, etc. from world-class universities.
Is Great Learning a Good Buy for BYJU’s?
Yes, with the acquisition of Great Learning, BYJU’S, the EdTech giant, has stepped into an entirely different space – the upskilling and reskilling segment.
Here’s How the acquisition of BYJU’S and Great Learning will benefit Students and Professionals:
BYJU’S strongly believes that upskilling and reskilling should be an important part of our learning, which is an oft-ignored segment in India due to various reasons. With Great Learning in its kitty, the EdTech startup is determined to invest more, redefine this space, and help professionals around the globe become proficient and future-ready.
Great Learning has a decent presence in the international education space, with 1.5 million users from over 170 countries. Likewise, BYJU’S has also evolved globally with the launch of its online tutoring platform, BYJU’S Future School, and Disney. BYJU’S Early Learn App for kids. This acquisition will allow BYJU’S to further expand its offerings in all the segments including K-12, competitive exams, upskilling and reskilling, and early learning stage in India and overseas.
The Immediate Plan after the Acquisition:
BYJU’S will invest $400 million to accelerate Great Learning’s growth in the near future. However, Founder and CEO Mohan Lakhamraju, will continue to run Great Learning independently while within the umbrella of BYJU’s.
How do you think this collaboration will help improve the Indian education scenario? Let us know in the comments below.
