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Edtech Giant BYJU’s Acquires US-Based Epic For $500 Mn
Edtech giant BYJU’s on Wednesday (July 21) acquired US based reading platform Epic for a record deal of $500 Mn. According to BYJU’s this acquisition will help the startup to make its foothold ... Read More
Byju's in talks to sell US unit Epic for $400 million: Report
Edtech company ... its US-based children's digital reading platform, Epic! Creations, for approximately $400 million to the private equity fund Joffre Capital, reported Bloomberg News. Read More
BYJU’S Acquires Toppr And Great Learning
The development was first reported by Entrackr. On Wednesday (July 21) BYJU’S acquired US based reading platform Epic for a record deal of $500 Mn. According to BYJU’s this acquisition will ... Read More
Byju's US Arm Alpha Accused Of Hiding $500 Million From Lenders, Faces Lawsuit
Byju's lenders have accused the edtech start-up of concealing $500 million (approximately Rs 4,134 crores) in a US firm Alpha, one of its subsidiaries. According to a Bloomberg report, the company ... Read More
BYJU’S Acquires Higher Education Startup Great Learning For $600 Mn
The acquisition marks BYJU’S push into the ... to the same platform. On Wednesday (July 21) BYJU’S acquired US based reading platform Epic for a record deal of $500 Mn. Read More
BYJU’s Marks Its 9th Acquisition Of 2021, To Acquire US-Based Coding Startup Tynker
As per Inc42 sources, India’s highest-valued edtech startup is going to acquire ... mark BYJU’s third acquisition of a US-based startup, after Osmo and online reading platform Epic. Read More
BYJU’S Acquires Bengaluru-Based Augmented Reality Startup Whodat
Outside India, BYJU’S acquired US based reading platform Epic for a record deal of $500 Mn to gain a stronger foothold in the US market. The company boasts of over 6.5 Mn annual paid ... Read More
US court forbids Byju’s from using $533 million
MUMBAI: In yet another major setback for troubled edtech startup Byju’s, a US bankruptcy court has passed ... disabling the firm from transferring or using $533 million received as part of ... Read More
BYJU’s In Talks To Acquire US Based Gaming Startups; To Launch International App Soon
Edtech startup BYJU’s is reportedly in talks to acquire US-based gaming and learning startups ... say in the range of $100 million, we will be required to raise a new round. Read More
Ahead of US hearing, Byju's says it is beneficial owner of 533 mn fund parked in US
To be sure, BYJU'S through a US-based single-purpose entity, BYJU'S Alpha, raised USD 1.2 billion in 2021 to finance international operations. Byju’s to go ahead with $200 mn rights issue as ... Read More
BYJU’S Acquires Osmo For $120 Mn To Drive International Expansion Plans
Bengaluru-based edtech unicorn BYJU’S has announced the acquisition of US-based learning platform Osmo for $120 ... as well as for international market expansion and was looking to make ... Read More
US court bars transfer of USD 533 million in Byju’s arm
A US Bankruptcy Court has prohibited transfer or use of $533 million, which is in a 100% non-US subsidiary of Byju’s. It ordered a preliminary injunction, thereby seeking to maintain the status quo. Read More
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