Epic Company Byju's

September 14, 2021

Knowing that Epic and its products are rooted in the same mission it was a natural fit. Byjus said on Wednesday it has acquired California-headquartered reading platform Epic for 500 million the latest in a series of moves from Indias most valuable startup as it deepens its.

Byju S Buys Reading App Epic For 500 Million To Expand In U S Bloomberg

In the past two years the startup has acquired US-based kids-focused phygital startup Osmo for 120 million online coding platform WhiteHat Jr for 300 million coaching centre chain Aakash for nearly 1 billion and Indian edtech startups Toppr and Gradeup.

Epic company byju's. Having raised over USD 850 million this year so far on top of the USD 1 billion-plus funding it received from investors in 2020 the company is likely to continue its acquisition spree. Byjus Acquires US-based Epic For 500mn to Invest 1bn in US. This will also mark the third acquisition of Byjus in the US following the 120 million deal for educational gaming company Osmo in January 2019 and the recent purchase of Epic a.

Kids education market with the 500 million acquisition of Epic a digital reading platform for children. The digital reading platform is particularly meant for children up to 12 years of age. Epic is a digital reading platform that has over 20 million users.

Indian edtech startup Byjus has bought California-based reading platform Epic in a cash and. Founded by CEO Suren Markosian and Kevin Donahue Epic is a popular digital book platform with over 50 million users. Byjus is storming into the US.

By making learning feel like play contextually and visually Byjus is paving the way for new-age geography-agnostic learning tools that sit at the cross-section of mobile interactive content and personalized learning methodologies. Representational image Ed-tech major Byjus said Wednesday it has acquired US-based kids digital reading platform Epic in a 500 million deal as it aims to make inroads into the key overseas market. The company stated this acquisition.

Founded by Byju Raveendran BYJUS was created to accelerate learning for students in K-12 and over the last decade the company has grown to build a community of 100M global students who love to learn. Epic is the latest in a series of acquisitions by Byjus. Byjus one of the highest rated startup companies in the country will invest another.

As per CB Insights data as of June. Founded in 2015 by Byju Raveendran and trusted by more than 100 million students worldwide Byjus is the worlds most valuable edtech company. After buying Aakash Educational Services for one billion dollars the company has announced this new acquisition.

Epic CEO Suren Markosian and co-founder Kevin Donahue will remain in their roles. Byjus buys US-based edtech startup Epic for USD 500 million. Launched in 2015 BYJUS is a global leader in online learning and is beloved by 100 million students around the world.

July 22 2021 122701 am. BYJUs has acquired US-based digital reading platform Epic which focuses on kids under the age of 12 for 500 million. New Delhi PTI.

This is the second big acquisition by Byjus after it recently took over the. The Indian edtech giant plans to invest about 1 billion in the US market. The edtech company is among Indias most valuable unicorns with a valuation of 165 billion.

Indian multinational educational technology company Byjus announced the acquisition of an American kids subscription-based reading and learning platform called Epic. Together we have the opportunity to create impactful experiences for children to become life-long learners Founded in 2015 by Byju Raveendran and trusted by more than 100 million students worldwide Byjus is the worlds most valuable edtech company. It has a collection of over 40000 popular books videos and audiobooks.

Their common mission is to make education more personal. The deal closed for a staggering price of 500 million. Edtech company Byjus has announced the acquisition of US-based digital reading platform Epic for 500 million Rs 37298 crore.

Bengaluru-based edtech unicorn BYJUS has acquired US-based startup - Epic a digital reading platform for children aged 12 and under for 500 million. The online education company has acquired the US-based reading platform Epic for 500 million roughly Rs 3730 crore.

Byju S Buys Us Based Reading App Epic In A 500m Deal Exchange4media