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Byju's Buys Edtech Begin-up Whitehat Jr For $300 Million

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작성자 Jerald Simpkins
댓글 0건 조회 4회 작성일 24-12-27 05:08

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He is also an enormous believer in a boundaryless world. Bajaj is founder of Mumbai-primarily based edtech start-up WhiteHat Jr, which teaches coding to children. Bajaj has by no means met Byju Raveendran, founder & chief government officer of education decacorn Byju’s, in particular person. A couple of weeks in the past, when the country was under lockdown to test the unfold of coronavirus, Raveendran had reached out to Bajaj over WhatsApp after which just a few more Zoom meetings had adopted. 300 million (approximately Rs 2,240 crore) in an all-cash deal - over the video conferencing platform Zoom itself. The deal - the most important within the Indian edtech sector by far - was introduced by Byju’s on Wednesday. "After we (Raveendran) connected, there was instantly a very robust feeling of mutual vision alignment," Bajaj said. 140 million from this acquisition, in line with sources. One among the opposite reasons was that the corporate had a profitable pilot launch in the US.


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