Edtech startup BrightCHAMPS acquired Singapore-based live-learning platform for kids, Schola, in a $15 Mn cash and stock deal.
The acquisition was the edtech unicorn’s second, following its February 2022 acquisition of Education10x, another edtech startup. Schola is a platform that provides a variety of courses for children aged 4 to 15 in a live, one-on-one class setting. Communication and public speaking are two of the available courses. Schola also focuses on first-generation English speakers, giving them hands-on practise with spoken English. The startup is currently present in 12 countries, including Vietnam, Thailand, Korea, Japan, and Malaysia.
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Edtech startup BrightCHAMPS acquired Singapore-based live-learning platform for kids, Schola, in a $15 Mn cash and stock deal.
The acquisition was the edtech unicorn’s second, following its February 2022 acquisition of Education10x, another edtech startup. Schola is a platform that provides a variety of courses for children aged 4 to 15 in a live, one-on-one class setting. Communication and public speaking are two of the available courses. Schola also focuses on first-generation English speakers, giving them hands-on practise with spoken English. The startup is currently present in 12 countries, including Vietnam, Thailand, Korea, Japan, and Malaysia.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
