Byju’s buys coding site Tynker to beef up US expansion

Bengaluru: Byju’s has acquired US-based coding platform Tynker in a stock-and-cash deal, as India’s most valued edtech startup continues to expand operations globally.

Neither of the companies disclosed the financial terms, but a person briefed on the matter said Byju’s was paying $150-$200 million (Rs 1,100-1,470 crore) for Tynker. The acquisition will enable Tynker to introduce its creative coding platform to more kids, educators, schools and coding camps globally, Byju’s said in a statement on Thursday.