All these paved the way for proliferation of EdTech's in India and with increasing numbers, M&A transactions picked up in EdTech Sectors. In this article we have discussed the latest M&A's in EdTech sectors and the way forward. We list below some of the recent acquisitions in the sector
PhysicsWallah acquires PrepOnline and Altis Vortex
Edtech unicorn PhysicsWallah announced acquisition of test preparation edtech company PrepOnline and book publisher Altis Vortex for an undisclosed amount in a mix of cash and stock deal.
The acquisition of PrepOnline will help PhysicsWallah (PW) foray into online competitive exam preparation segment and acquisition of Altis Vortex marks its entry into book publishing domain.
PrepOnline focusses on preparation for NEET, Board Exams, and state-level government exams while Altis Vortex is publisher of NCERT-based books for class 11, 12, NEET and CUET-UG Exam preparations.
PW has roped in 35 employees from PrepOnline, of which 18 are adept teachers with around 8-10 years of experience, to enhance its teaching PrepOnline has a paid user infrastructure base of 42,000.
Vivek Gaur, founder of PrepOnline has joined PW as Chief of Growth and Kumar as Chief of Projects. The new partners will also support PW in other domains, including retail marketing, e-commerce sales, and printing, the statement said.
Vedantu to take majority stake in Deeksha for $40 million
This story is from the November 2022 edition of M & A Critique.
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This story is from the November 2022 edition of M & A Critique.
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YET ANOTHER RESTRUCTURING TO UNLOCK VALUE OF TAN BUSINESS BY DEEPAK FERTILISERS
\"The merger and demerger transaction should simplify the corporate structure and segregate the Crop Nutrition Business and Technical Ammonium Nitrate Business to focus and grow separately\"
Rejection of Scheme By NCLT: Objection of Regional Director on grounds of non-compliance
Hotel City Plaza Private Ltd [\"Appellant 1\" or Petitioner Company 1 or \"Transferor Company\") Trivandrum Apollo Towers Private Ltd] [ \"Appellant 2\" or Petitioner Company 2 or \"Transferee Company\") have preferred appeal (Company Appeal (AT) (CH) No. 28 of 2021) before Hon'ble NCLAT Chennai Bench against order dated 05.02.2021 in TCAA/4/KOB/2019 & TCAA/5/KOB/2019 passed by Hon'ble NCLT Kochi Bench dismissing scheme of merger on basis of objection raised by Regional Director, Ministry Of Corporate Affairs.
FINANCIAL & LENDING BUSINESS
Career Point: Baby (side business) becomes larger than the primary business
NCLAT Judgement - On Obtaining Consent of Creditors in case of Scheme of Arrangement between Company and its Shareholders.
\"As far as citations of various judgments are concerned, it is not appliable as the health of each company varies\"
COMMITTEE OF CREDITORS
Whether Committee of Creditors consider a new Resolution Plan of a party, who was not a part of the CIRP, after approval of Resolution Plan by Adjudicating Authority
Rossell India to list its demerged Aerospace & Defence Division
\"The overall re-structuring is divided in 2 stages. One to streamline the promoter holding in RIL & second to separate its growing Techsys Business\"
Rational or Madness: Edtech Acquisition Spree
EdTech companies seem to be in spree for expanding their operations through acquisitions. EdTech was one of the biggest beneficiaries of digitalisation and work from home. With the digital revolution coupled with covid-19 crises, EdTech changed its dynamics.
Hercules Hoists decides to demerge its operating business
Apart from its operating business, lot of old Indian listed companies also house investments in the form of equity shares of other group entities. Over the years, these investments reach a sizable size and peculiarly the returns on investment does not commensurate with the returns generated by the operating businesses. To streamline corporate structure & returns, these companies finally evaluating an option to separate these investments from the core businesses.
TATA STEEL
ONE TATA STEEL: Way to India's fully integrated steel and steel products Company
DEMERGER
CES Ltd's demerger scheme benefits whom out of all stakeholders?
THE CRUEL CRUEL TECH WORLD
Asector that continues to be the cornerstone of many of the present-day growth stories is facing a tough period not only for the businesses involved but also for its people
What's Wrong With India's Booming Edtech Industry
From getting flooded with consumers complaints to experiencing capital crunch, how the once flourishing edtech industry is now seeing fault lines
Is Your Data Safe With Edtech?
Upon resumption of offline schools, Kabir, a 13-year-old boy in the 8th standard of a well-reputed school in New Delhi, saw a different line of conversation among his classmates, one that he seldom heard before.
IS INDIA'S EDTECH LOSING ITS MOJO?
As educational institutions reopen, edtech startups seem to be back to their pre-pandemic days
SHARP SHOOTER
Wildlife photography is not just a passion for Vivek Sunder, CEO of Cuemath, but also helps him become a better business leader
EdTech to stay relevant
Users from Tier II and III towns are expected to be the growth driver of the EdTech sector as they got exposure to online learning during the Covid-19 induced lockdown and experienced that learning can happen through online mediums, which they were sceptical initially. Experts also believe that the EdTech sector will become more integrated with the Indian education system in time to come.
Edtech - La revolución educativa online
El acceso a internet ha igualado las condiciones en el sector educativo, dando oportunidades de aprendizaje a cualquier persona que tenga una computadora.
New SAT would require rigorous preparation
College Board, the entity that governs SAThas recently announced alterations in the standardised test.
बैजूस की वैश्विक कमान संभालेंगी रचना बहादुर
प्रमुख एडुटेक कंपनी बैजूस ने रचना बहादुर को वरिष्ठ उपाध्यक्ष नियुक्त किया है। वह दुनिया की सबसे अधिक मूल्यवान एडुटेक कंपनी की वैश्विक विस्तार योजनाओं का नेतृत्व करेंगी।बहादुर अपनी नई भूमिका में नए एवं मौजूदा बाजारों में बैजूस के विस्तार के लिए समग्र योजना, रणनीति एवं रूपरेखा का नेतृत्व करेंगी।
बैजूज जुटाएगी 2,200 करोड़ रुपये
पीरजादा अबरार बेंगलूरु, 4 अक्टूबर बैजूज नए निवेश के एक बड़े चरण के रूप में करीब 2,200 करोड़ रुपये (30 करोड़ डॉलर) जुटाने जा रही है । यह धनराशि ऐसे समय जुटाई जा रही है, जब यह दुनिया की सबसे मूल्यवान शिक्षा तकनीक डेकाकॉर्न वैश्विक बाजार में अपने कारोबार को फैलाने और तेजी से विलय एवं अधिग्रहण की संभावनाएं तलाशने पर ध्यान दे रही है।