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