Private Equity Liquidity Events
JetSynthesys buys majority stake in kids' educational content startup KidzByte
Pune-based JetSynthesys has acquired a majority stake in Mumbai-headquartered KidzByte, an educational news and knowledge media platform for children. Founded by Chetan D'Souza and Swagat Salunke, KidzByte covers news, current affairs, and other knowledge-based content with a kids-friendly approach. It offers this content across text, audio and video formats.
JetSynthesys, which counts Infosys co-founder Kris Gopalakrishnan, Serum Institute's Adar Poonawalla, and cricket icon Sachin Tendulkar among its backers, operates a portfolio of products and services across three key verticals - gaming and esports, digital entertainment, and wellness and livelihoods. It claims to have millions of consumers across 180 countries.
Company website ↗ (opens in a new tab)
From the Venture Intelligence Angel Investments Database: In Mar-2019, KidzByte had attracted funding from Pranay Goyal. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)