(AF) Byju’s announced on Wednesday that it has acquired US-based reading platform Epic for $500 million to expand its education services beyond the Indian market, Business Standard reported.
The acquisition, a cash-and-stock deal that will help Byju’s deepen its presence in the US as well as venture into a fresh segment of online reading, marks the Bengaluru-based edtech major’s second acquisition in the US, after the educational gaming start-up Osmo in 2019. Full story: Business Standard.
