Byju’s has acquired Mumbai-based edtech startup WhiteHat Jr. for $300 million. WhiteHat Jr. offers online coding classes to students in India and the US, and was founded just 18 months ago, in November 2018. This makes it the fastest exit story at this size in the Indian startup ecosystem, according to TechCrunch. In a statement, Byju’s said that this acquisition will also help it in its US expansion plans. WhiteHat Jr. had raised $10 million from Nexus Venture Partners, Omidyar Networks and Owl Ventures, in September 2019. Byju’s said it will make “significant investments” in WhiteHat Jr.’s technology platform and expand the teacher base to cater to demand from new markets. WhiteHat Jr.’s founder, Karan Bajaj will continue to lead the business in India and the US. WhiteHat Jr. offers four levels of courses – Beginner, Intermediate, Advanced and Professional – for students in grades 1-9. The classes are held as a live 1:1 online classroom. WhiteHat Jr. had recently announced plans to expand to other global markets like Canada, UK, Australia and New Zealand. After launching their courses in the US, in February 2020, the company was growing at more than 100% MoM (month over month) in the country, Byjus’s said in a statement. "WhiteHat Jr is the leader in the live online coding space. Karan has proven his mettle as an exceptional founder and the credit goes to him and his team for creating coding programs that are loved by kids. Under his leadership the company has achieved phenomenal…
- How much money was seized by the Indian state while investigating illegal loan apps? February 8, 2023
- Publishers Aren’t ‘Intermediaries’, IT Ministry Says: What Does This Mean for India’s Online Gaming Laws? February 8, 2023
- You can now use PhonePe UPI to pay in UAE, Singapore, Nepal and Bhutan February 8, 2023
- Wikipedia ‘Unblocked’ in Pakistan, PM Forms A Committee To Regulate ‘Objectionable’ Content February 8, 2023
- Explained: What is the feud over ownership between Binance and WazirX? February 8, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...