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Edtech leader Byju’s exploring acquiring US based reading platform Epic

Mar 31, 2021 08:23 IST | By Editorji News Desk

EdTech leader Byju’s is looking at acquiring popular US based reading platform Epic as per reports. 

TechCrunch reports that talks are underway and the deal may value Epic as much as $300 million but the talks are still in it’s initial stages. 

The pandemic gave the California based reading platform a 20 million jump in subscribers now reaching over 50 million students with its platform of 40,000 books from more than 250 publishers.

Byju's after it’s recent fund raising of $460 mn values the company over $13 bn, making it India’s second most valued start-up behind Paytm at $16 bn.