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Byju’s in talks to acquire Vedantu

Bapun Raz

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“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.

 

iDJ

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

Bapun Raz

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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.

 

iShreyamK

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

rohitvatsa

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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

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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
 

Detective Conan

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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 :(

 
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