M&A
Singapore-headquartered edtech co Brightchamps to invest $100-M in M&As
Brightchamps, a Singapore-headquartered live-learning edtech platform, will invest USD 100 million to make acquisitions across the US, UK, Middle East and North Africa (MENA), Southeast Asia (SEA), and India in FY2023. The company is evaluating potential online edtech companies that align with its vision of bridging the gap between real-world learning and traditional education, as well as offline companies that will boost strategic expansions. Brightchamps is backed by GSV Ventures, Beenext, Premji Invest, and 021 Capital. It recently acquired Education 10x, a financial literacy platform for kids. The company claims to operate across 30 countries, offering live classes in coding, financial literacy, and robotics.
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