Byju's acquisition | Pixr8 News

India's leading education startup Byju’s acquired a U.S. based developer of learning games called Osmo, making it the latest Indian unicorn to expand overseas. Byju's, one of India’s most valuable education startups, bought Osmo for $120 million. Though Osmo will continue as a brand once the deal is completed. “Osmo makes learning more effective and engaging, which is very important with younger children,” Byju Raveendran, Byju’s founder and chief executive officer told Bloomberg. “It takes us into a new age demographic of younger kids as well as fitting into our plans for a bold global expansion.” Founded in 2013, Osmo uses augmented reality and artificial intelligence to bring physical toys into the digital world. The startup backed by Accel Partners and Mattel Inc. has so far ...

The leading edtech platform Byju’s has reportedly acquired Math Adventures which is an online mathematics learning startup based in Bengaluru. However, the amount of the deal has not been disclosed yet. This acquisition by Byju’s marks as the fourth acquisition of the company. Last year, Byju’s acquired two startups namely TutorVista and Edurite in July and Vidyartha in January. After the acquisition process, the team of Math Adventures will become a part of the Byju’s content and R&D team. “Math Adventures’ activities will help us with our K-3 product development,” said Byju Raveendran, chief executive of Byju’s. “The founder comes with a strong math background and also a research and development background in math activities. The team will now be a part of the content and R&D...

Tag: Byju’s acquisition

ByjuS Acquired U.S. based Learning Games Developer

Byju’s Acquires a Bengaluru-based Maths Learning Startup