M&A
Edtech unicorn Byju's in talks to acquire US-based coding platform for kids Tynker
Ed-tech Unicorn Byju's is close to acquiring Tynker, a US-based coding platform for kids, making it the latest in a series of acquisitions to consolidate its leadership in the K-12 (kindergarten to 12th grade) segment. Mountain View, California-based Tynker teaches children aged between 5 and 18 how to develop coding skills. Tynker teaches coding skills in developing animations, mobile games, creating music, crafting e-books and building fictional robots. Tynker claims to have reached 60 million students across 90,000 schools, giving Byju's a strong foothold in North America. Tynker has over 60 employees and has raised USD 10.35 million in Series A funding led by Krishna Bharat, Cervin Ventures, Prime Partners and Felicis Ventures.
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