Byju’s acquires US-based coding platform Tynker

NEW DELHI: Continuing its aggressive acquisition spree, Byju’s on Thursday said it will acquire K-12 creative coding platform Tynker for an undisclosed amount, as the edtech major looks to further consolidate its presence in the US market.

In July, Byju’s had acquired US-based digital reading platform Epic for $500 million (around Rs 3,729.8 crore) and had announced an additional $1 billion (about Rs 7,459.7 crore) investment over the next three years in the North American market to expand its operations there.

In a statement on Thursday, Byju’s said it has entered into a definitive agreement to acquire Tynker.