'Super Apps' BYJU'S & Unacademy Emerge Biggest Acquirers In Indian Edtech
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India, Oct. 15 -- Earlier this year, when Bengaluru-headquartered edtech platform BYJU'S acquired Mumbai-based online coding platform WhiteHatJr for $300 Mn, it inked the biggest merger and acquisition (M&A) deal in the Indian edtech sector till date.
Founded in 2011 by Byju Raveendran and Divya Gokulnath, BYJU'S is the world's highest-valued edtech company with a valuation north of $10 Bn. Earlier this year, it raised $200 Mn from Tiger Global, General Atlantic and Bond Capital in what was the biggest funding round for any Indian edtech startup in the first half of 2020.
Therefore, it is no surprise that BYJU'S is also the biggest acquirer in the Indian edtech space, as revealed in an Inc42 Plus report, "The Future Of Edtech In India: ...
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