Byju’s in talks to acquire Vedantu

[Bapun Raz]

“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 Raz]

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

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 outlet Entrackr said early Friday that Byju’s had offered $700 million to $800 million to acquire Bangalore-based Vedantu, which counts Accel...

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.

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[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

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