According to TopRankers, it acquired The Lex Guru with an undisclosed sum.
The Lex Guru is the edtech startup’s second law-related intellectual property (IP), since Toprankers already runs LegalEdge for the preparation of exams like the Common Law Admission Test (CLAT), the Common Universities Entrance Test-Law (CUET-Law), and other law exams at the UG and PG levels.
Commenting on the acquisition, Gaurav Goel, cofounder and CEO of Toprankers, said, “We are delighted to announce the acquisition of The Lex Guru, Indore, and the subsequent launch of Judiciary Gold’s Indore centre. This expansion further cements our devotion to offering top-notch coaching and resources for meritorious judiciary aspirants.”
Toprankers claims that the acquisition will enable it to increase its presence in the nearby states of Madhya Pradesh and Chhattisgarh, as reported by Inc42.com.
Dr Samanvay Richhariya, founder of The Lex Guru, added, “We are exhilarated to join forces with Toprankers and embark on this new chapter. This acquisition paves the way towards remarkable opportunities for judiciary aspirants and strengthens our commitment to delivering holistic training and guidance for judiciary exams.”
Toprankers was established in 2016. It is the most popular digital platform in India for career guidance and preparation outside of engineering and medicine. It’s goal is to raise awareness of attractive job possibilities after the 12th grade and to boost their success rate.