Monday
July 26
2021

India Edtech Giant Buys US-Based Kids Reading Platform Epic for $500 Million

The acquisition will help edtech giant in expanding its US footprint

India’s edtech giant BYJU’S has acquired a US-based digital reading platform Epic for $500 million. The American platform is focussed on nurturing the habit of reading in the kids of age 12 and below.

The acquisition is said to help BYJU’S in expanding its US footprint by providing access to the more than two million teachers and 50 million kids in Epic’s existing global user-base.

Photo courtesy of Siyavula Education.

Source: Business Line (link opens in a new window)

Categories
Education, Technology
Tags
digital inclusion, EdTech, education, global education, technology