Continuing its buying spree in 2021, leading online learning platform Byju's is in advanced talks to acquire live online learning platform Vedantu for around $600-$700 million, reliable sources told indicated.

This will be the fourth major acquisition by Byju Raveendran-run Company this year.

According to sources, the Vedantu transaction is nearing completion and will be completed soon after the necessary regulatory approvals are obtained.
Vedantu provides individual and group classes in grades K-12, as well as test preparation.

Every month, over 1.5 lakh students study live on the platform, and over 40 million users access free content, tests, doubts, and videos on Vedantu's platform and its YouTube channels.

Byju's, the world's leading edtech company with 100 million registered students on its flagship learning app, paid $600 million for Singapore-based Great Learning late last month.

With a $1 billion commitment, the partnership marked Byju's entry into the professional and higher education segments.

With a valuation of more than $17 billion, Edtech Company Byju's is currently India's most valuable unicorn startup.

Byju's paid $500 million for Epic, the world's leading digital reading platform for children aged 12 and under, last month.

The large acquisition came after it paid nearly $1 billion for the Aakash Institute earlier this year.

Byju's paid $300 million in cash for Mumbai-based live online coding provider WhiteHat Jr in August of last year (roughly Rs 2,246 crore).

Vedantu, a live online learning platform, announced a strategic investment in Pedagogy, an AI-enabled learning startup that offers online courses and interactive digital books to students preparing for competitive examinations, last month.