Byju’s to invest in WhiteHat Jr. a Mumbai based startup

Think and Learn, Byju’s parent company offers to acquire 300 million dollars, educational startup.

Byju’s to invest in WhiteHat Jr. a Mumbai based startup. WhiteHat jr. attracts offer to get acquired for $300 million by Think and Learn, which owns and operates educational technology platform Byju’s, Bengaluru based company.

Since, the development comes when Byju’s to invest in WhiteHat Jr. Which plans to raise $50 million in financing. And has held discussions with a number of venture capital. And private equity firms. Including Sequoia Capital, Tiger Global, Steadview Capital, and Multiples Alternate Asset Management.

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Therefore, founded in 2018 by Karan Bajaj, the former chief executive of Discovery Networks India. Also, WhiteHat Jr., Mumbai based startup operates in the K-12 segment. Moreover, teaching students to code, and helping them build commercial-ready games, animations and apps. The startup has developed a proprietary coding curriculum, focused on product creation, and imparts lessons through live, interactive online classes.

Henceforth, the company is trying to expand its geography throughout the country in the current times which would give it a headstart. It is positive about the scope of digital learning in India and wants to contribute considerably in the transformation.