Byju Austria-based 100msinghtechcrunch: Byju’s is an Indian tech company that has gained worldwide attention for its innovative approach to education. Recently, the company made headlines with its Acquisition of Austria-based educational technology startup 100ms. This move indicates Byju’s commitment to expanding its global footprint and providing cutting-edge educational solutions to students worldwide. In this article, we will look closer at the Acquisition of 100ms by Byju and what it means for the future of tech.
What is Byju’s?
Byju’s is an Indian educational technology company that was founded in 2011 by Byju Raveendran. The company’s flagship product is a learning app that uses video lessons and interactive quizzes to teach a variety of subjects, including mathematics, science, and coding. Byju has quickly become one of the most popular edtech companies in India, with millions of users and over $1 billion in funding from investors like the Chan Zuckerberg Initiative and Sequoia Capital.
What is 100ms?
100ms is an Austrian startup founded in 2019 by Jure Snoj and Rok Erjavec. The company’s main product is a platform allowing teachers to create interactive video lessons that it can use in in-person and online classrooms. The platform includes quizzes, polls, and virtual whiteboards, which help engage students and make learning more interactive.
The Acquisition of 100ms by Byju’s
In late In 2021, Byju’s announced that it had acquired 100ms in a reportedly worth $20 million deal. The Acquisition was part of Byju’s ongoing efforts to expand its presence in Europe and provide innovative edtech solutions to students in the region. In a statement announcing the Acquisition, Byju Raveendran, the founder and CEO of Byju’s, said: “We are excited to welcome the 100ms team to Byju’s family. This Acquisition is a testament to our commitment to providing students with the best possible educational experience worldwide. With 100ms, we can offer teachers and students a more interactive and engaging way to learn, which is crucial in today’s rapidly changing world.”
What Does This Acquisition Mean for Edtech?
The acquisition of 100ms by Byju’s is a significant development for the edtech industry, as it highlights the growing demand for interactive and engaging learning experiences. With more and more students learning remotely due to the During the COVID-19 pandemic, the need for effective online learning tools has become more important than ever before. Byju’s and 100ms are both companies that are focused on using technology to enhance the learning experience, and their combined expertise is likely to lead to new and innovative solutions for students and teachers alike. One of the vital benefits of the Acquisition is that it will allow Byju’s to expand its reach into Europe, a market with significant potential for growth in the edtech sector. Byju has already established a strong presence in India and other parts of Asia. The Acquisition of 100ms will help the company establish a foothold in Europe and expand its global footprint.
Another benefit of the Acquisition is that it will enable Byju to offer its users a more comprehensive suite of products. Byju’s has built a strong reputation for its video lessons and interactive quizzes, but the addition of the 100ms platform will allow the company to offer more advanced features, such as virtual whiteboards and real-time collaboration tools. It will help to differentiate Byju from its competitors and provide a complete educational experience to its users.
The acquisition of 100ms by Byju’s is a significant development for the edtech industry, and it highlights the growing demand
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