Bengaluru-based ed tech decacorn Byju’s has acquired augmented reality company Whodat also headquartered in Bengaluru, Business Today has reported.
Byju’s and Whodat confirmed that the Whodat team and its proprietary computer vision platform have been acquired to accelerate product development in key areas.
Following the transaction, Venture Fund Ideaspring Capital, which had invested $600,000 in Whodat, exited the business.
Sriram Ganesh, co-founder of Whodat, said: “We are incredibly excited to partner with Byju’s on a mission to make students across the world fall in love with learning. Whodat has had an incredible journey so far and this will leapfrog our impact to the next level.”
Anita Kishore, chief strategy officer at Byju’s, said to The Times of India: “We are excited to have Sriram, Kaushik and the entire Whodat team at Byju’s. This will help us accelerate our product road map to provide immersive educational products across our product lines.”
Date published: 5 August 2021