Edtech Platform Unacademy acquires Swiflearn, Platform for face-to-face online tuitions
Unacademy, an edtech platform, revealed that it has purchased Swiflearn, an online platform that offers live face-to-face online tuitions for school students, for an unknown sum. According to a release, the acquisition is in line with Unacademy's aims to improve its position in the K-12 sector and optimise its product offerings.
Swiflearn is an online platform for academic courses founded in 2019 by Abhinav Agarwal and Anand Bakode that delivers personalised home tuition experience to kids in grades 1-10 in CBSE and ICSE boards.
The website provides online tutoring in English, mathematics, and science, as well as additional subjects such as mental aptitude, life skills, and Vedic maths.
Swiflearn is developing a high-impact, scalable, and personalised learning product that will transform the way students learn. Abhinav, Anand, and the rest of the team have created a fantastic product that is gaining a lot of attention.
"We have a shared vision to make quality education accessible and affordable for students of all ages, and we are delighted to have them as part of the Unacademy Group," Unacademy Group CEO and co-founder Gaurav Munjal said.
Gaurav Munjal, Hemesh Singh, and Roman Saini created Unacademy in 2015. Munjal started Unacademy as a YouTube channel in 2010, and it has now grown to over 60,000 registered educators and 62 million learners. Unacademy, Graphy, Relevel, and CodeChef are all part of the Unacademy Group.
"We are very excited to join Unacademy, since our strengths of pedagogy, content, and personalised classes combined with Unacademy's product, brand and reach will make it a strong value proposition in the K-12 market. Anand, I, and the team of Swiflearn are looking forward to working closely with the entire team at Unacademy and learning from them," Abhinav Agarwal, co-founder of Swiflearn, said.
Swiflearn now has over 1,500 instructors. Every month, the site hosts over 30,000 lessons and has over 1.2 lakh registered users.
With the COVID-19 epidemic serving as an inflection moment, the edtech field has seen considerable growth globally, especially in India. Many offline classrooms moved to the internet to maintain educational continuity while conforming to social distancing standards.
Byju's, a non-academy competitor, has been aggressively growing its business through acquisitions. Earlier this year, the business purchased Aakash Educational Services Ltd for approximately USD 1 billion, estimating that it had raised over USD 1.8 billion since the outbreak began. It has also acquired Great Learning and Epic, both of which are situated in the United States.
Swiflearn is an online platform for academic courses founded in 2019 by Abhinav Agarwal and Anand Bakode that delivers personalised home tuition experience to kids in grades 1-10 in CBSE and ICSE boards.
The website provides online tutoring in English, mathematics, and science, as well as additional subjects such as mental aptitude, life skills, and Vedic maths.
Swiflearn is developing a high-impact, scalable, and personalised learning product that will transform the way students learn. Abhinav, Anand, and the rest of the team have created a fantastic product that is gaining a lot of attention.
"We have a shared vision to make quality education accessible and affordable for students of all ages, and we are delighted to have them as part of the Unacademy Group," Unacademy Group CEO and co-founder Gaurav Munjal said.
Gaurav Munjal, Hemesh Singh, and Roman Saini created Unacademy in 2015. Munjal started Unacademy as a YouTube channel in 2010, and it has now grown to over 60,000 registered educators and 62 million learners. Unacademy, Graphy, Relevel, and CodeChef are all part of the Unacademy Group.
"We are very excited to join Unacademy, since our strengths of pedagogy, content, and personalised classes combined with Unacademy's product, brand and reach will make it a strong value proposition in the K-12 market. Anand, I, and the team of Swiflearn are looking forward to working closely with the entire team at Unacademy and learning from them," Abhinav Agarwal, co-founder of Swiflearn, said.
Swiflearn now has over 1,500 instructors. Every month, the site hosts over 30,000 lessons and has over 1.2 lakh registered users.
With the COVID-19 epidemic serving as an inflection moment, the edtech field has seen considerable growth globally, especially in India. Many offline classrooms moved to the internet to maintain educational continuity while conforming to social distancing standards.
Byju's, a non-academy competitor, has been aggressively growing its business through acquisitions. Earlier this year, the business purchased Aakash Educational Services Ltd for approximately USD 1 billion, estimating that it had raised over USD 1.8 billion since the outbreak began. It has also acquired Great Learning and Epic, both of which are situated in the United States.
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