Bengaluru: Facebook backed ed-tech platform Byju’s has acquired Mumbai based kids coding platform WhiteHat Jr for $300 million.
This is the biggest all cash acquisition deal in Byju’s history.
After this acquisition, WhiteHat Jr. Founder Karan Bajaj will continue to lead and scale this business in India and the US.
Acquisition of WhiteJr will help Byju’s to expand its base to cater to demand from new markets.
Founded in November 2018, WhiteHat Jr. helps kids aged 6 to 14 years build commercial-ready games, animations and apps online using the fundamentals of coding.
“We started WhiteHat Jr. to make kids creators instead of consumers of technology,” said Karan Bajaj, Founder, WhiteHat Jr.
“WhiteHat Jr is the leader in the live online coding space. Karan has proven his mettle as an exceptional founder and the credit goes to him and his team for creating coding programs that are loved by kids. Under his leadership the company has achieved phenomenal growth in India and the US in a short span of time.” said Byju Raveendran, Founder and CEO, Byju’s.
WhiteHat Jr had recently announced their plans to expand to other global markets like Canada, UK, Australia and New Zealand (ANZ).