Toprankers Acquires Indore-based Legal Test Prep Platform The Lex Guru
Digital learning platform Toprankers has announced the acquisition of The Lex Guru, an Indore-based legal test prep startup. The digital learning platform has rebranded the legal test prep startup to Judiciary Gold.
As per Toprankers, the acquisition of Judiciary Gold (erstwhile The Lex Guru) will allow it to expand its reach in Madhya Pradesh, Chhattisgarh and other neighbouring regions.
Toprankers Acquires The Lex Guru
Founded by Harsh Gagrani, Karan Mehta and Gaurav Goel in 2014, Toprankers is a digital counselling & exam preparation platform for careers beyond engineering & medicine.
Claiming to have a community of more than 5 Lakh students, the digital learning platform offers exam prep across the judiciary, law, management, design and architecture exams at undergraduate and postgraduate levels. It also claims that around 25,000 learners have trained through its online and offline courses.
Speaking on the acquisition, Gaurav Goel, Co-Founder and CEO of Toprankers, said,
“We are delighted to announce the acquisition of The Lex Guru, Indore, and the subsequent launch of Judiciary Gold’s Indore centre. This expansion further cements our devotion to offering top-notch coaching and resources for meritorious judiciary aspirants. Furthermore, the mega event in Indore will be an excellent opportunity for students to acquire insights from accomplished civil judges, access practical study materials, and engage in a thought-provoking quiz.”
The Lex Guru is Toprankers’ second law-related IP, as the digital learning platform also operates LegalEdge for the preparation of exams such as the Common Universities Entrance Test-Law (CUET-Law), Common Law Admission Test (CLAT), and other law exams at UG and PG levels.
The acquisition of The Lex Guru is Toprankers’ second acquisition this year. In April, Toprankers acquired the career guidance platform ProBano in a cash-and-stock deal, marking its foray into the career discovery and guidance segment.
Commenting on the development, Dr Samanvay Richhariya, founder of The Lex Guru, said,
“We are exhilarated to join forces with Toprankers and embark on this new chapter. This acquisition paves the way towards remarkable opportunities for judiciary aspirants and strengthens our commitment to delivering holistic training and guidance for judiciary exams.”
Recently, Physics Wallah, a profitable edtech unicorn, acquired a 50 per cent stake in the Kerala-based edtech firm Xylem Learning. Also, VLCC, a beauty and skincare brand, acquired Happily Unmarried Marketing Private Ltd, which owns the men’s grooming brand Ustraa, through a combination of secondary buy-out and share swap.
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