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Byju’s is continuing its acquisition spree by buying after-school learning app Toppr and upskilling platform Great Learning in a cash and stock deal, according to regulatory filings filed by the company. With this, Byju’s has acquired six startups in 2021, across India and the US.
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A source close to Byju’s told BusinessLine that the deal value for Great Learning and Toppr’s acquisition was $600 Mn and $150 Mn, respectively. Great Learning had an annual revenue run-rate of $100 Mn at the time of acquisition, the source added.