Edtech firm BYJU’s has acquired reading startup ‘Epic’ for $500 Mn
A US-based startup, Epic has over 40,000 popular books from the world’s best 250 publishers
It offers recommendations in tune with the child’s interests
Parents can track the progress and time spent on reading
Epic also has original stories for children
For a while, BYJU’s has been acquiring firms as part of its expansion strategy
It aims to expand its portfolio beyond the Indian market and across categories
In 2019, BYJU’s acquired another US firm Osmo, an educational games-maker, for $120 Mn
