Byju’s acquires US kids coding platform for $200 million
BENGALURU: Bengaluru: Byju’s has acquired US-based K-12 creative coding platform Tynker for $200 million (Rs 1,500 crore), part of an effort to consolidate its presence in the US. Tynker enables students of all ages to learn to code at home, school or on the go. Tynker’s coding curriculum has been used by one in three US K-8 schools, 100,000 schools globally, and over 60 million kids across 150 countries.
Byju’s recently acquired US digital reading platform Epic, focused on kids 12 and under, for $500 million. The Bengaluru-based edtech company plans to invest $1 billion in North America.
Byju’s has made multiple big acquisitions in the past year, including those of WhiteHat Jr for $300 million, and Aakash Educational Services for nearly $1 billion. It acquired US-based Osmo, a maker of educational games, for $120 million two years ago.