Liquidity Events
Edtech startup Infinity Learn acquires WizKlub for $10-M
Education group Sri Chaitanya-backed edtech firm Infinity Learn has acquired Bengaluru-based WizKlub for USD 10 million (about INR 77 crore) as part of its foray into the cognitive learning segment. The WizKlub team of around 100 people will join the edtech platform and will operate under cognitive learning vertical "Infinity Futurz". Infinity Futurz aims to augment its existing portfolio of Infinity Learn offerings to K12 segment by inducing foundational skills that a student needs to acquire to succeed in the career of their choice.
From the Venture Intelligence PE-VC Deal Database: In 2020, WizKlub had raised about USD 2 M from Gunosy Capital, Incubate Fund, Insitor Fund, Others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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