Connect with us

Latest News

Byju’s Acquires TutorVista and Edurite From Pearson

Published

on

Byju Acquires TutorVista and Edurite From Pearson,Byju buys Pearson TutorVista,Edurite,Startup Stories,Startup Stories in India,Startup News,Online education tech startup Byju,international finance corporation,byju raveendran story,education tech startup byju,best education startups

Online education tech startup, Byju’s, based in Bengaluru, acquired TutorVista and Edurite from the world’s biggest learning company Pearson, based in the UK. This partnership comes three months after Byju’s raised additional funding from Belgium based investment holding company Verlinest. The financial details of this acquisition have not been disclosed.

The partnership will be focused on expanding their international reach and creating a diverse product portfolio. In a statement, Byju Raveendran, Founder and Chief Executive of Byju’s said that the partnership will give them access to new markets when they launch their international products.

TutorVista is a pioneer in online tutoring for students across the world which also provide services such as test preparation services, help with homework, supplemental tutoring among others. They acquired Edurite, an education solutions provider in 2007. In 2009, Pearson acquired a 17% stake in TutorVista and added another 59% stake in 2011 for Rs. 577 crore. They acquired 80% stake of TutorVista in the same year and took over the remaining 20% stake in 2013.

Byju’s, valued at $ 670 million, will get a foothold in the lucrative online market of the United States with this acquisition, which amounts to 70% of TutorVista’s traffic. In 2016, Byju’s raised capital thrice from various investors. They raised about $ 75 million from Sequoia Capital and Belgian family office Sofina, $ 50 million from the Chan Zuckerberg Initiative and $15 million from the World Bank investment arm International Finance Corp. Till date, Byju’s have raised over $150 million in venture funding rounds.

Founded in 2011, Byju’s is already present in the Middle East and is looking to expand to the US, UK and South Africa along with other African and Commonwealth markets. They also boast of 8 million users and 4 lakh annual paid subscribers between the classes of IV-XII. They provided personalized learning programs for individual students based on their proficiency levels and capabilities on their app based platform.

Commenting on the acquisition the managing director of Pearson India, Deepak Mehrotra, said they were pleased a leading online education company could see the value of Edurite and TutorVistor, who are both pioneer brands in their respective spaces. He also wished them the best hoping the businesses and employees thrive under the new ownership.

Continue Reading
Advertisement
8 Comments

8 Comments

  1. 站群程序

    November 9, 2025 at 3:42 am

    搭载智能站群程序,自动化搭建与管理,为SEO项目提供核心驱动力。站群程序

  2. MM88

    November 10, 2025 at 6:01 am

    Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

  3. 谷歌蜘蛛池

    November 12, 2025 at 10:56 am

    利用强大的谷歌蜘蛛池技术,大幅提升网站收录效率与页面抓取频率。谷歌蜘蛛池

  4. GO88

    November 15, 2025 at 8:15 pm

    Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.

  5. MM88

    November 18, 2025 at 7:01 am

    Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.

  6. J88

    November 22, 2025 at 2:37 pm

    Đến với J88, bạn sẽ được trải nghiệm dịch vụ cá cược chuyên nghiệp cùng hàng ngàn sự kiện khuyến mãi độc quyền.

  7. iwin

    November 22, 2025 at 3:56 pm

    iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp

  8. Kuwin

    November 23, 2025 at 5:06 pm

    kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide

Published

on

rozana

Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.

The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.

This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.

Continue Reading

Latest News

Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026

Published

on

StartupStories

Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.

These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.

For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

Continue Reading

Latest News

D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

Published

on

StartupStories

Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.

Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

Continue Reading
Advertisement

Recent Posts

Advertisement