Tag: doubtnut

Think and Learn, Byju’s parent makes $300 million cash offer for WhiteHat Jr
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Think and Learn, Byju’s parent makes $300 million cash offer for WhiteHat Jr

BYJU'S parent has made a $300 Mn all cash offer for WhiteHat Jr and is looking to spend $150 Mn for Doubtnut a week after raising funding  from Silicon Valley investor Mary Meeker’s Bond. Byju’s is reportedly in advanced negotiations to acquire Doubtnut, a two-year-old learning app, for as much as $150 million as an all-cash transaction. BYJU'S is currently leading the edtech market with 57 Mn users. Byju's was founded in 2008 by Divya Gokulnath and Byju Raveendran, offering a learning app, which was launched in 2015 and has learning programmes for students in classes IV-XII along with courses to help students prepare for competitive exams like JEE, NEET, CAT, IAS, GRE, and GMAT. It has raised a total of $1.5B in funding over 15 rounds. Their l...