Learning management platform Moodle acquired Hyderabad-based edtech startup eAbyas

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Australia-based learning management platform Moodle acquired Hyderabad-based edtech startup eAbyas for an undisclosed amount.

Moodle stated in a statement that it intends to complete the task of integrating teams and processes with the eAbyas platform within the next six months. Moodle has also set in motion plans for the official launch of its Indian operation in 2023 with this move. As part of the transition, eAbyas will launch a new website and rethink its marketing strategy. This agreement will allow Moodle to expand its presence in the Indian edtech market, which is expected to reach $10.4 billion by 2025. Moodle intends to use eAbyas’ PHP development capabilities to provide customised products to its clients as a result of this acquisition.

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Learning management platform Moodle acquired Hyderabad-based edtech startup eAbyas

Australia-based learning management platform Moodle acquired Hyderabad-based edtech startup eAbyas for an undisclosed amount.

Moodle stated in a statement that it intends to complete the task of integrating teams and processes with the eAbyas platform within the next six months. Moodle has also set in motion plans for the official launch of its Indian operation in 2023 with this move. As part of the transition, eAbyas will launch a new website and rethink its marketing strategy. This agreement will allow Moodle to expand its presence in the Indian edtech market, which is expected to reach $10.4 billion by 2025. Moodle intends to use eAbyas’ PHP development capabilities to provide customised products to its clients as a result of this acquisition.

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.

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