Edtech Decacorn BYJU’S Acquires Exam Preparation Platform Gradeup
BYJU’S, an edtech decacorn, has announced the acquisition of an online exam preparation platform Gradeup for an undisclosed value. With this acquisition deal, the edtech decacorn takes the total number of its acquisitions this year to eight.
As part of the deal, BYJU’S will rebrand Gradeup as BYJU’S Exam Prep. The startup will now cater to students preparing for over 150 exams across 25 exam categories, covering PG entrance exams and government jobs, including CAT, Bank PO/Clerk, IAS, GATE, Defence, UGC-NET, etc.
In a statement by BYJU’S, the partnership will bolster its presence in the fast-growing online competitive examination preparation category. Additionally, it will use Gradeup’s pedagogy and student reach.
Edtech Decacorn BYJU’S
With the acquisition of Gradeup, the total number of startups acquired by the edtech decacorn reaches 17. This year alone, BYJU’s has spent over $2 billion in mergers and acquisitions already, with a total of eight acquisitions.
Earlier in August, the edtech decacorn acquired Bengaluru-based computer vision and AR startup Whodat. Other startups acquired by BYJU’S this year include Epic, Aakash Educational Services, Great Learning, Toppr, HashLearn and Scholr.
Speaking on the acquisition deal, Byju Raveendran, Founder and CEO of BYJU’S, said,
“Our focus has always been on ensuring that every learner has access to the highest quality of teachers and content to help them learn better. With Gradeup on board, we will be able to further scale and expand our test-prep offerings in postgraduate level exams.”
Co-founded by Vibhu Bhushan, Shobhit Bhatnagar, and Sanjeev Kumar, Gradeup offers courses to help students prepare for various competitive exams. The edtech startup has established & nurtured highly engaging exam-specific communities of students and mentors for JEE, GATE, NEET, UPSC, Defence, SSC, Banking, Teaching and State level exams.
Shobhit Bhatnagar, CEO of Gradeup, stated that together with BYJU’S, the startup would accelerate its growth and expand its reach across the country.
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