Indian edtech firm Byju’s eyes IPO, buyouts

At a time students across the country continue to learn from home, top edtech firm Byju’s has doubled down on its business, raising large chunks of capital and buying code training platform WhiteHat Jr for $300 million. This is the fifth acquisition by Byju’s and the largest acquisition in India’s edtech space. In an interview, Byju Raveendran, CEO, Byju’s, spoke of how the deal will help the company’s planned entry into the code-skilling segment; merger and acquisition (M&A) plans; and a possible initial public offering (IPO). Edited excerpts: