The upskilling platform Great Learning, which is owned by Byju, announced on Tuesday that it had acquired Superset, a recruitment platform backed by Blume Ventures. The transaction’s value was not disclosed by the company.
Great Learning said in a statement that Superset will continue to operate under the leadership of its co-founders Naman Agrawal and Pranjal Goswami.
Agrawal told VCCircle in an interview that Blume Ventures had exited the company as part of the deal.
Superset was founded in 2017 by Weblength Infonet Pvt. Ltd with the goal of using technology to make campus recruitment easier and more efficient. Over 0.27 million students from 15,500 colleges have had access to placement opportunities thanks to the startup’s automated placements for over 500 colleges and universities. It has over 4200 companies on its platform and has enabled virtual recruitment processes for large enterprises.
Superset will accelerate its growth in India with the help of Great Learning and BYJU’s, according to the statement, while also expanding its offerings to students and recruiters.
Mohan Lakhamraju, founder and CEO, Great Learning, said Superset has created an efficient way for employers to find talent and Great Learning is all about helping talent and employers find each other through skill development.
“That is where the synergy comes in as together, we can address the messy affair involved in campus hiring more efficiently and create a level playing field for all companies,” he added.
Lakhamraju also told VCCircle that Great Learning has an active inorganic growth pipeline and is looking to add new capabilities like it did with the acquisition of Superset as well as add new segments to its business.
Last year, Byju’s purchased Great Learning, which was founded in 2013. Apart from paying $600 million for Great Learning, Byju’s has also committed $400 million to the professional skilling and life-long learning segment, bringing the total investment in this vertical to $1 billion.
Byju’s acquisition of the Singapore-based firm was the company’s second largest after the offline test preparation network Aakash Institute, which it bought for nearly $1 billion in April of last year.
