M&A

M&A

Edtech co Scaler Academy buys Coding Elements in $1-M all-cash-deal

Economic Times  

Edtech startup Scaler Academy has acquired online coding platform Coding Elements for about USD 1 million (about INR 8 crore) in an all-cash deal. The Bengaluru-headquartered company had been in talks with Coding Elements for about a month as it was looking to offer a data science course to its users. Coding Elements began in 2017 as a coaching institute in Delhi offering computer science courses to its students. It shut its coaching centres and moved to online classes after the Covid-19 outbreak. It has about 4,000 students on its platform who will now continue studying on Scaler's platform.