Brightchamps Acquires English-learning Platform Schola
Schola was founded in 2019 by former senior Facebook executives, Aditya Gupta and Nhu Tran Le Thanh
Global edtech platform, BrightCHAMPS, has announced the acquisition of Singapore-headquartered Schola, a live-learning platform for kids to master communication and English skills, in a $15 million cash and stock deal. The acquisition comes on the heels of its $100 million investment war-chest announcement in June.
Schola was founded in 2019 by former senior Facebook executives, Aditya Gupta and Nhu Tran Le Thanh. The company offers a variety of courses in a live, 1-on-1 class model for kids from 4 to 15 years of age to build important capabilities. These skills include communications, public speaking, leadership presentation, confidence-building and several others. Schola courses have been designed keeping in mind the particular needs of kids who are first-generation English speakers, with an emphasis on learning through real-life practice of spoken English. Schola’s interactive and immersive curriculum is delivered by teachers who have TEFL or TESOL teaching certificates with native-level or equivalent English speaking proficiency. The company currently offers classes to students from 12 countries, including Vietnam, Thailand, Korea, Japan, Malaysia and others.
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