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New Deal


Announced

Byju's to acquire Great Learning for $600m.

Financials

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Transaction Value£436m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Digital Services

Acquisition

Friendly

Domestic

education technology

Majority

Pending

India

Single Bidder

Private

Synopsis

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Byju's, a Bengaluru-based edtech unicorn, agreed to acquire Great Learning, a professional and higher education platform, for $600m. "With this acquisition, we now have a big presence in three verticals -- schools, test prep and the higher education and upskilling segment. Most of these platforms can be scaled up globally except for test prep where we will focus only on India through Aakash," Byju Raveendran, Byju's CEO.

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