InvestorQ : What are the synergies of Byju’s buying a stake in Unitus and Labln App?
prachi Patwardhan made post

What are the synergies of Byju’s buying a stake in Unitus and Labln App?

Answer
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sara Kunju answered.
1 month ago


If there are two companies in this market that are still raising funds incessantly and making acquisitions aggressively, it is Reliance and Byju’s. It is no secret that Byju’s has suddenly discovered its mojo in the midst of the pandemic when online learning became the norm.

Most recently, Byju's acquired LabInApp, which is backed by Unitus Ventures. The exact price of acquisition has not been disclosed. LabInApp offers science lab-like and interactive simulation of scientific experiments on mobile devices to facilitate easy learning.

Edtech has been topping the charts for some time now as the pandemic has shut down most of the schools and colleges. This is an enhancement to help students to learning in a practical environment while brushing up their theoretical concepts.