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Byju's buys US-based coding platform Tynker, its 9th acquisition this year

Byju's has spent over $2 billion to buy nine companies this year. It is also reportedly in talks with investors to raise $1.5 billion, at a valuation of over $21 billion, after which it could look at a listing in the US.

September 16, 2021 / 04:42 PM IST
Representative image (Source: ShutterStock)

Representative image (Source: ShutterStock)

Byju's, India's most valued internet startup on September 16 said it will acquire Tynker, a US-based coding platform for kids. This is the latest in a series of acquisitions by the ed-tech behemoth this year to consolidate its leadership in the K-12 (kindergarten to 12th grade) segment, even as it weighs plan to list on the public markets in the US.

Moneycontrol reported the Byju's-Tynker deal on September 12, 2021.

Byju's breathtaking pace of fund-raising and acquisitions has earned it the moniker of 'Buyju's' in the internet ecosystem.

Tynker is in fact its 9th acquisition this year, coming on the heels of buys such as Aakash, Great Learning, Epic, Scholr and Gradeup as Byju's buttresses its product portfolio to go after varied segments such as K12, test prep, upskilling and learning.