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Friday, December 27, 2024 | 01:38 AM ISTEN Hindi

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Byju's acquires 3D virtual lab startup LabInApp to bolster edtech presence

With this, Bjyu's, which is currently valued at around $11 billion, has already acquired half a dozen apps in edtech platforms in a bid to become a super app in the edtech space

Founder and CEO BYJU RAVEENDRAN, Byju's
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About 75 per cent of schools in India lack fully equipped science laboratories because of lack of infrastructure and budget to support and maintain labs.

Samreen Ahmad Bengaluru
Over a month after its parent Think and Learn acquired Mumbai-based WhiteHat Jr in a $300 million all-cash transaction, edtech decacorn Byju’s has acquired 3D virtual laboratory startup LabInApp. The deal size is pegged at $500,000, according to people familiar with the matter.

The Hubli-based startup enables K-12 students and teachers to perform curriculum-based science experiments in a real-time 3D computer graphics environment on desktops and mobile devices.

“Acquisition of LabInApp by Byju’s during the course of a global pandemic exemplifies the growth story of innovative ed-tech solutions. Unitus remains steadfast in mentoring early stage startups applying advanced technology to

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