<p>Continuing with its series of acquisitions, edtech major Byju's on Monday announced the acquisition of Singapore-headquartered Great Learning, a professional and higher educational startup for $600 million and the after-school learning app, Toppr, for another $150 million.</p>.<p>With the new deals, Byju’s has spent over $2.2 billion in acquiring businesses this year alone.</p>.<p>The new partnerships mark the unicorn's entry into the professional and higher education segment with a $1 billion commitment, Byju's said in a statement. Great Learning competes with firms like upGrad and Simplilearn. The company gives courses for higher learning degrees, diploma and certificates across domains.</p>.<p>Toppr, founded in 2013, is an app for classes from kindergarten to 12 with live classes and recorded content.</p>.<p>Shareholders of Great Learning and Toppr will now hold 1 per cent in Byju’s, as per regulatory filings.</p>.<p>"We are united in our mission to provide professionals with high-quality and industry-relevant learning programs in this competitive global economy," Byju Raveendran, Founder, and CEO, Byju's, said.</p>.<p>Byju's, which creates learning content for students and schools across the country including an app, has earmarked a further $400 million of investment into the professional and higher education segment towards accelerating Great Learning’s growth, the company statement said.</p>
<p>Continuing with its series of acquisitions, edtech major Byju's on Monday announced the acquisition of Singapore-headquartered Great Learning, a professional and higher educational startup for $600 million and the after-school learning app, Toppr, for another $150 million.</p>.<p>With the new deals, Byju’s has spent over $2.2 billion in acquiring businesses this year alone.</p>.<p>The new partnerships mark the unicorn's entry into the professional and higher education segment with a $1 billion commitment, Byju's said in a statement. Great Learning competes with firms like upGrad and Simplilearn. The company gives courses for higher learning degrees, diploma and certificates across domains.</p>.<p>Toppr, founded in 2013, is an app for classes from kindergarten to 12 with live classes and recorded content.</p>.<p>Shareholders of Great Learning and Toppr will now hold 1 per cent in Byju’s, as per regulatory filings.</p>.<p>"We are united in our mission to provide professionals with high-quality and industry-relevant learning programs in this competitive global economy," Byju Raveendran, Founder, and CEO, Byju's, said.</p>.<p>Byju's, which creates learning content for students and schools across the country including an app, has earmarked a further $400 million of investment into the professional and higher education segment towards accelerating Great Learning’s growth, the company statement said.</p>
