Bengaluru: E-learning leader of the country, Byju’s owned and operated by Think and Learn, has acquired the K-12 learning platform WhiteHat Jr in an all-cash transaction deal for $300 million.
As reported by Economic Times, Byju’s will be making significant changes in WhiteHat Jr’s tech platform and product innovation, while expanding its teacher base to meet the demands of the new market.
Karan Bajaj, who founded WhiteHat Jr in 2018, will continue to lead and scale the company’s business in India and the US.
White Hat Jr operates as a K-12 leader in the market that teaches its students how to code, and help them in building commercial-ready games, animations, and other apps.
The startup claims to be clocking a revenue run rate of $150 million and has also developed a proprietary coding curriculum that is focussed on product creation and also imparts lessons via their live interactive classes.