Founded in 2013 by former Google engineers and parents Pramod Sharma and Jerome Scholler.BYJU’S has aggressive plans for international market expansion and will continue to make big investments in technology that will help to further personalize learning for students. The company has been growing at 100% for the last 3 years and is on target to triple it’s revenue to 250 million USD this year. The app creates personalized learning programs for individual students based on their proficiency levels and capabilities which help them learn at their own pace and style. With 30 million students cumulatively learning from the app and over 2 million annual paid subscriptions, BYJU’S has witnessed phenomenal growth. Launched in 2015, BYJU’S Learning App is the leader in offering personalized learning programs for school students in grades 4-12 in India. Pramod Sharma, Osmo’s CEO and co-founder and his core team will continue to remain at Osmo’s helm. This new acquisition will bolster team BYJU’S’ international plans to innovate, explore and set new benchmarks for tech-enabled personalized learning solutions. BYJU’S today is India’s most loved and preferred learning solution for grades K4 to K12 with the integration of Osmo, BYJU’S will also look to offer a unique, customized, engaging and fun learning solution for younger kids. BYJU’S first ever purchase of a US company will see Osmo continue to scale as a standalone brand even as BYJU’S taps the company’s physical-to-digital technology and content to expand and enhance its current offering.
Today, Osmo, the award-winning playful learning system for creating healthy screen time experiences, announces that BYJU’S, the world’s most valuable ed-tech company, has acquired Osmo for US$120 million. Left to Right: Osmo Co-founder and CTO Jerome Scholler, Mo (Osmo Character), Byju Raveendran, Founder & CEO of BYJU’S and Co-founder and CEO Pramod Sharma
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