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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Editor's note: Byju’s acquisition of WhiteHat Jr for $300 million is one of the large transactions that happened last week. It is important enough to break our publishing schedule so that you are on top of the subject. Let’s get straight to it. We’ve written about WhiteHat Jr before. “Founded in November 2018, WhiteHat Jr is an edtech startup that focuses on teaching children aged 6-14 the fundamentals of coding by building commercial-ready games, animations and apps. The idea, says the company, is to make children “creators of technology rather than consumers of technology”. Going by the numbers, it seems like the company has found quite a few takers. The company raised $10 million in Series A funding last year from investors including Nexus Venture Partners, Omidyar Network India and Owl Ventures.” A real-world understanding of WhiteHat Jr is that it is an aggressive sales unit which convinces parents that their kids need to learn coding at a young age, so that they can become like Sundar Pichai (Google) and Satya Nadella (Microsoft). Mind you, both these excellent gentlemen have not signed …
Editor's note: Byju’s acquisition of WhiteHat Jr for $300 million is one of the large transactions that happened last week. It is important enough to break our publishing schedule so that you are on top of the subject. Let’s get straight to it. We’ve written about WhiteHat Jr before. “Founded in November 2018, WhiteHat Jr is an edtech startup that focuses on teaching children aged 6-14 the fundamentals of coding by building commercial-ready games, animations and apps. The idea, says the company, is to make children “creators of technology rather than consumers of technology”. Going by the numbers, it seems like the company has found quite a few takers. The company raised $10 million in Series A funding last year from investors including Nexus Venture Partners, Omidyar Network India and Owl Ventures.” A real-world understanding of WhiteHat Jr is that it is an aggressive sales unit which convinces parents that their kids need to learn coding at a young age, so that they can become like Sundar Pichai (Google) and Satya Nadella (Microsoft). Mind you, both these excellent gentlemen have not signed …
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.
The seafood company solved its demand problem by aggressively buying global distributors. Now it has a financing problem that it can't solve without public money.
The country’s changing market dynamics are pushing consumer goods giants to acquire young startups. We look at why—and whether—it works for both sides.
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.
The seafood company solved its demand problem by aggressively buying global distributors. Now it has a financing problem that it can't solve without public money.
The country’s changing market dynamics are pushing consumer goods giants to acquire young startups. We look at why—and whether—it works for both sides.
