New Delhi: Online education provider Byju’s announced on Wednesday that it has acquired Epic, a digital reading platform for children. Baiju has done the deal for 50 500 million, Rs 3,700 crore in Indian currency.
A statement issued by Baiju said Epic CEO Suren Marcosian and co-founder Kevin Donahue would continue their roles. Earlier, Baiju acquired Educational Services for 1 billion.
Baiju will invest 1 1 billion in North America
Baiju will invest 1 billion to further strengthen its position in the North American market. A statement issued by Baiju said it has acquired Epic, a digital platform for reading books for children ages 12 and under for રમાં 500 million.
The number of Baiju users has doubled
Acquiring Epic will help Baiju strengthen its position in the United States by providing access to more than 2 million teachers and more than 50 million children under Epic’s worldwide available user base. The number of users of the company has more than doubled compared to last year.
Baiju’s CEO said this
“Our partnership with Epic will enable us to create engaging and interactive reading and learning experiences for children globally,” Baiju founder and CEO Baiju Ravindra said in a statement. Our goal is to increase curiosity and motivate students. To make interest in it. Study. Epic and its products share a similar mission, so the move was inherently appropriate. We have the opportunity to create effective experiences for children to become lifelong learners. “