Byju’s acquires Austrian math co for $100mn

Bengaluru:

Byju

’s has acquired Austria-headquartered

GeoGebra

, which was founded in 2013 and has an interactive and collaborative mathematics learning tool. Sources said it’s a $100-million deal. Byju’s chief strategy officer

Anita Kishore

said GeoGebra’s interactive resources adapt to every child’s style and pace of learning. She said GeoGebra will help Byju’s reimagine and transform the way math is taught and learned. GeoGebra will continue to operate as an independent unit within the Byju’s group under the leadership of its founder and developer

Markus Hohenwarter

. Byju’s said the platform has a rapidly expanding community of over 100 million learners across 195 countries, and brings together geometry, algebra, spreadsheets, graphing, statistics and calculus in one easy-to-use format. Hohenwarter said GeoGebra was born out of a passion to help students learn math in a visually appealing and engaging manner. “Our shared passion for learning and teaching resonates with Byju’s, making them a perfect partner for our onward journey,” he said. The firm’s commercial services support over 300 established education service companies and startups.