BYJU’S to acquire edtech rival Toppr Technologies
The deal is worth $ 150 million
Mumbai-based Toppr offers online learning assistance to students from grades 5 to 12
Key backers include SAIF Partners and Helion Ventures
16 million students across the globe currently subscribe to Toppr’s service
The demand for online education surged during the pandemic
BYJU’S registered significant growth in recent years
In January, the edtech major signed a deal to acquire Aakash Educational Services Limited
Founded in Bengaluru in 2011, BYJU’S is far ahead of its competitors