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Why the most-valued start-up Byju's is hungry for acquisitions- The New Indian Express

Express News Service
BENGALURU: Byju’s, a 10-year-old start-up and India’s most valued firm ($16.5 billion) has spent close to $3 billion in acquiring smaller companies over the last two years. Of the 12 acquisitions the Bengaluru-based firm has made so far, 7 came in during the last six months worth over $2 billion. On Monday, the edtech firm announced acquisition of Singapore-headquartered upskilling platform Great Learning for$ 600 million in a stock-cash mix deal.
It has also earmarked another $400 million for building the capabilities of Great Learning, which the company said, marks Byjus’ strong push into the professional upskilling and life-long learning space globally with a total commitment of $1 billion, expanding its offerings beyond the K12 and test prep segments, and further accelerating the company’s growth plans. ....

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Drone delivery trials begin this week

In todays ETtech Morning Dispatch: India to start testing drone delivery this week; Byjus is Indias most valued startup; and PhonePe-IndusOS deal lands in front of Sebi. ....

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The rise & rise of Byju's: The edtech startup's journey explained

Byju s is raising a new round of funding that will value the edtech major at about $16.5 billion valuation. The Byju Raveendran-led firm is set to become the most valuable start-up in the country ousting SoftBank and Alibaba-backed Paytm, which is valued at $16 billion.
How Byju s is becoming the most valuable startup in the country? What are the factors that have led to this rapid surge in Byju’s valuation and funding? How is Byju’s growing as a learning platform, in terms of attracting students during the pandemic? How is the company’s financial performance?
In this podcast, we explained the reasons behind Byju s rapid surge in valuation and funding and company s future plans to tap global markets. Tune in ....

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Amazon, Flipkart… Meesho?

Meesho CEO Vidit Aatrey believes there are structural problems in Indian e-commerce as even today, fewer than a million small businesses are selling online. ....

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Why Indian ed-tech companies are going global

Eyeing international markets as they have quality products that can be showcased globally.
07 Apr, 2021 - 08:59 AM IST | By Nirmal Narayanan
MUMBAI: The advancement in technology has brought about various revolutionary changes in the educational sector in recent years. Post the rise of ed-tech start-ups, students in India are enjoying personalised learning experiences, and as a result, the popularity of these companies among kids and grown-ups alike has risen dramatically.
From appointing film superstars as their brand ambassadors to offering virtual learning experiences to users, ed-tech brands in India are pulling out the stops to become the top name in the education industry. Several ed-tech companies in India have already emerged as big names, and they are now gradually extending their reach to foreign countries as well. ....

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