Scaler acquires Applied Roots for $50Mn
By MYBRANDBOOK
Bengaluru-based edtech startup Scaler has acquired an online learning platform Applied Roots for $50 million. Applied Roots is a Hyderabad- based learning platform that offers diploma courses in artificial intelligence (AI), machine learning (ML), applied gate course, coding track and government test preparation, among others.
Last year, the Applied Roots team teamed up with the University of Hyderabad (UoH) to offer an online diploma course in Artificial Intelligence and Machine Learning. The e-learning platform also provides tech professionals with GATE CS preparation and applied coding tracks. It claims to produce over 40 ranks in the top 100 in the GATE CS 2021 exam.
As a part of the acquisition, all the six cofounders of Applied Roots will join Scaler and lead varied projects and a majority of Applied Roots will work with the Scaler DS&ML business vertical.
Post the acquisition, few team members of Applied Roots will also be helping Scaler’s team to build content vertical – Scaler Topics – a technopedia and curated interactive space for aspiring software professionals to learn and master the right tech skills.
Scaler claims to offer high-quality technical education. Scaler Academý students are taught by tech leaders and subject matter experts from various tech giants, including Google, Facebook, Intuit, Microsoft, Amazon, Hotstar, and Snapdeal.
The startup previously acquired high demand coding space-focused startups Coding Minutes and Coding Elements. The upskilling edtech startup earlier last month had announced that it will be deploying the fresh capital towards global expansion, launching new products, making strategic acquisitions and hiring aggressively.
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