Byju’s in talks to acquire Vedantu

[Bapun]

“The talks are underway between the two companies for the past few weeks and have reached an advanced stage. Byju’s is offering a $700-800 million deal to Vedantu,” said one of the sources requesting anonymity.

Exclusive: Byju’s in talks to acquire Vedantu for $800 Mn

According to two Entrackr sources, India’s most valued startup Byju's is now in talks with Vedantu for a potential acquisition.

entrackr.com

 

[iDJ]

How can they acquire so many of their competitors? Doesn't they have go through any regulatory board?

 

[Bapun]

Update:

In a conversation with TechCrunch, Vedantu co-founder and chief executive Vamsi Krishna said any speculation around the firm engaging with Byju’s for an acquisition or merger is “absolutely 100% inaccurate.”

Byju’s, which has acquired over half a dozen startups this year, declined to comment.

India's Vedantu not in talks to sell to Byju's, top exec says | TechCrunch

Indian online learning platform Vedantu is not engaging to sell the firm to edtech giant Byju's, a top executive said on Friday. A report by Indian news

techcrunch.com

 

[iShreyamK]

What it the Competition commission of India doing?
Byju's is creating a monopoly in the e-education sector

 

[rohitvatsa]

What it the Competition commission of India doing?
Byju's is creating a monopoly in the e-education sector

Augmented by pathetic work culture.Byju's is becoming worse every passing day.

 

[Ashok L]

Thanks to NEET Examination.... They will buy everything and education will be monopolized soon...

Poor students can't even able to dream of pursuing MBBS

 

[rohitvatsa]

Thanks to NEET Examination.... They will buy everything and education will be monopolized soon...

Poor students can't even able to dream of pursuing MBBS

I still feel there is no alternative to one on one physical coaching.No matter what these Ed tech companies claim.

 

[Detective Conan]

Augmented by pathetic work culture.Byju's is becoming worse every passing day.

include Unacademy they are also trying to take over other competitors and forcing the teacher , some or more teachers are slowly leaving to launch or be independent as they are not given much freedom or forced to only promote the app & add subscription more than teaching