Byju’s said on Thursday it will expand to international markets in the second half of next month as the Indian edtech giant, valued at over $13 billion, looks to accelerate its growth.
The Indian edtech giant, which acquired 33-year-old Indian tutor Aakash for nearly $1 billion earlier this week, plans to launch to the U.S., UK, Brazil, Indonesia and Mexico next month and explore other geographies later this year.
The startup’s international business will be headed by Karan Bajaj, the founder of coding platform WhiteHat Jr, which Byju’s acquired for $300 million last year.
In international markets, the Indian online learning giant will be branded as Byju’s Future School. It will offer a range of subjects including coding, Math, Music, English, Fine Arts and Science in synchronous and asynchronous formats, the startup said.
“We believe that through technology, we can inspire kids all over the world to fall in love with learning. Our global expansion comes at a critical time as families are actively looking for supplemental learning that encourages their children to be creative and learn by doing,” said Byju Raveendran, founder and chief executive of Byju’s. “This launch furthers our vision of creating active learners across the world.”
This is a developing story. More to follow…
