Education Employability and Entrepreneurship
Byju's last two acquisitions and a deal with Disney reveal its American dream ?— one that is anchored in India
27 Jul 2021
Byju's has had global aspirations since 2019, when it acquired US-based educational game system Osmo for $120 million. The pandemic and the resultant boost for online education platforms in 2020 have led to aggressive expansion by the Indian decacorn (startup valued at over $10 billion) this year.
“India can provide teachers to the world, just like software engineers,” founder Byju Raveendran said in an interview with Business Insider in October 2020.
Byju’s has already laid out an elaborate plan for the estimated $43 billion+ edtech market in the US dominated by Age of Learning (valued at $3 billion) and Kajabi (valued at $2 billion) in the kindergarten to class 12 (K12) segment Byju’s is looking at.