Byju’s, the world’s leading education tech company, has acquired Great Learning, Singapore-based professional and higher educational startup, for $600 million.
Great Learning will continue to operate under its current leadership led by its founders, Mohan Lakhamraju, Hari Nair and Arjun Nair.
Byju’s has 100 million registered students on its learning app.
Byju’s has earmarked a further $400 million of investment into this segment towards accelerating Great Learning’s growth. The acquisition marks Byju’s push into the professional upskilling and life-long learning space with a total commitment of $1 billion, expanding its offerings beyond the K12 and test prep segments, and accelerating the company’s growth plans.
Byju Raveendran, Founder, and CEO, Byju’s said: “Great Learning is a globally recognized and reputed professional education company and this partnership expands our reach into this new segment.”