BYJU World’s Largest Learning Brand With $500M Acquisition
The acquisition of U.S.-Based Kids Digital Reading is aimed to support BYJU'S larger strategy bridging the learning gap among kids in the U.S.
The acquisition will help expand BYJU’S U.S. footprint by providing access to the more than two million teachers and 50 million kids in Epic’s existing global user-base, which more than doubled over the last year. Suren Markosian, Epic CEO and co-founder Kevin Donahue will remain in their roles and continue carrying out Epic’s mission to unlock the potential of every child through reading.
Both Epic and BYJU’S strive to create impactful learning experiences and seek to provide more opportunity and value for children, making this acquisition the perfect synergy to propel that for learners in the U.S. Stemming from founder passion on both sides.
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