Business Standard

Saturday, December 21, 2024 | 10:26 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Byju's in talks to acquire US-based reading platform Epic: Report

Deal could help acquirer deepen US footprint. Epic's platform has 40,000 popular, high-quality books from 250-plus publishers. It aims to fuel curiosity and reading confidence in kids 12 and under

Byju's
Premium

Photo: Shutterstock

BS Reporter Bengaluru
Edtech decacorn Byju’s in talks to acquire US-based online reading platform Epic, according to TechCrunch. The acquisition is expected to help the Bengaluru-based Byju’s to deepen its footprint in the US market.

Epic’s reading platform is built on a collection of over 40,000 popular, high-quality books from more than 250 publishers—with the aim to fuel curiosity and reading confidence for kids 12 and under.

The deal values Epic at “significantly” over $300 million, according to TechCrunch.  Byju’s declined to comment on the deal.

Epic was co-founded by Kevin Donahue and Suren Markosian.In the past year, the firm moved from 20

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in