E-learning platform Byju’s acquires K-12 leader WhiteHat Jr for $300 million

Byju's will be making significant changes in WhiteHat Jr's tech platform and product innovation while expanding its teacher base to meet the new market's demands. 

E-learning leader of the country, Byju’s, owned and operated by Think and Learn, has acquired the K-12 learning platform WhiteHat Jr in an all-cash transaction deal for $300 million.

As reported by ET (1), Byju’s will be making significant changes in WhiteHat Jr’s tech platform and product innovation, while expanding its teacher base to meet the demands of the new market. 

Karan Bajaj, who founded WhiteHat Jr in 2018, will continue to lead and scale the company’s business in India and the US.

WhiteHat Jr operates as a K-12 leader in the market that teaches its students how to code, and help them in building commercial-ready games, animations, and other apps.

The startup claims to be clocking a revenue run rate of $150 million and has also developed a proprietary coding curriculum that is focussed on product creation and also imparts lessons via their live interactive classes.  

The leader of live coding space

The acquisition allows Byju’s to launch coding to children, one of the fastest-growing segment among the K-12 space in the broader edtech sector. 

Byju Raveendran, founder at Byju’s, while talking about the development, said that WhiteHat Jr is the leader in live online coding space and has achieved phenomenal growth in India and the US in the short span of time. He added that Karan, founder of WhiteHat Jr, has proven his mettle as an exceptional founder.

The acquisition of the Mumbai-based company is also likely to give its investors a strong exit. 

Byju’s is also apparently in advanced stages of negotiations to acquire Doubtnut, another learning app, for around $100-150 million in an expected all-cash deal. 

+ posts

A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.

Disclaimer: The views, thoughts, and opinions expressed in the article have been curated for our audience and does not warrant a 100% accuracy. All the information mentioned in the article is subject to change according to the changing viewpoints. Feel free to reach us at [email protected] for any change or copyright issues.

Note: If you buy something via a link on this page, we might earn a small commission on it.

Saumya Uniyal
Saumya Uniyal
A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.

Leave A Reply

Please enter your comment!
Please enter your name here

related stories

Google, STIC, Moving Capital, 3L, Evolvence, Hana Financial Investment, LGT Lightstone Aspada have invested in Dunzo, with Alteria Capital providing debt.

Google’s chosen one: How Dunzo managed to capture the heart of the doubtful consumer...

Because of the evident rise of e-commerce, logistics service providers are faced with an increasing number of small shipments and a difference in their...
From post-workout beer to cars as a new personal space, these trends offer businesses a wide range of capitalization opportunities to explore.

Emerging Trends: Performance Beer, Digital Decor, and Cars, a New Personal Space

Post-workout Beer As per Keywords Everywhere, thousands of people are searching for 'drink beer post workout' monthly. It has fermented a new class of post-workout...
With easy internet access and high smartphone penetrations, there has been a shift in rural customers' aspirations opening opportunities for marketers.

Rural Marketing in the Post-COVID Era: A Lucrative Space

There has been a gradual evolution in rural marketing for the past few decades. Since most of the Indian population resides in rural areas,...

Challenges in Indian Startup Ecosystem

The Land Accelerator South Asia 2021 The Land Accelerator is a four-month curated program focused on training and supporting entrepreneurs working to restore land, forests,...
The idle minds and empty hands are using more devices, apps, and postures in the lockdown. We are here for a 30 billion USD industry booming around that.

Sextech: A Booming Billionaire Dollar Industry

Sex has always been a shady space in India. For a culture that takes price in Mind Control, Yoga, and worshiping saints, sex has...
Midea is facing the same fate as many Chinese corporations, asking for funding, going the old-fashioned way, through Kickstarter like Indiegogo.

Midea looks forward towards better development through crowdfunding, what could this mean for the...

Midea is a multinational technology company specializing in HVAC systems, consumer electronics, robotics, and industrial automation, and the digital market. (1) Midea provides a...
Amazon won the fight against labor organizing at its Bessemer, Alabama, warehouse on Friday, with employees opposing the Retail, Wholesale, and Department Store Union 2-to-1.

Will Amazon continue to live the bad light amongst its workers?

The COVID-19 pandemic has wreaked havoc on cultures and economies all over the globe. However,, Inc. has increased, cementing its status as the...
There has also been a boon for retail investors seeking profit and reliable trading platforms. Here are the top Robinhood alternatives in India.

Top Robinhood Alternatives in India

India's new trader breed had light-up Dalal Street in 2020. It was the year when many people across the globe were forced to stay...