Edtech platform Scaler has recently announced the acquisition of Delhi-based startup Pepcoding for an undisclosed amount. This marks Scaler’s fourth acquisition in the past two years, following the acquisitions of AppliedRoots, Coding Minutes, and Coding Elements. The move is aimed at strengthening Scaler’s business ecosystem and accelerating its growth in various sectors.
Under the terms of the acquisition, Sumeet Malik, cofounder of Pepcoding, has joined Scaler as an instructor and content creator. He will contribute his expertise in Low-Level Design (LLD) curriculum to enhance the learner experience. Additionally, the employees of Pepcoding have joined Scaler and will work across different verticals.
Pepcoding will also play a significant role in the development of Scaler’s newly launched four-year residential undergraduate program called the School of Technology, located in Bengaluru. The team from Pepcoding will actively contribute to the program’s building and execution as Scaler welcomes its first batch of students this academic year.
Abhimanyu Saxena, cofounder of Scaler & InterviewBit, expressed his enthusiasm for absorbing Pepcoding’s employees, stating that their experience with undergraduate students will be valuable for Scaler’s School of Technology. Saxena believes that Pepcoding’s diverse talent pool, combined with Sumeet’s extensive industry expertise, will help accelerate Scaler’s mission and vision.
Established in 2017 by Sumeet Malik, Pepcoding offers courses in data structure & algorithms, web development, data science, CORE, CBSE, GATE, and business analytics. The startup has catered to over 5000 learners, empowering them to make successful career transitions. Pepcoding’s courses are available both online and offline, enabling undergraduates to enhance their coding skills, learn alongside like-minded individuals, and secure employment opportunities with leading companies.
Scaler’s previous acquisitions, Applied Roots and Coding Elements, have already contributed to the growth of Scaler Topics, its content vertical. Furthermore, Scaler recently raised $55 million in a Series B funding round. Founded in 2014 by Anshuman Singh and Abhimanyu Saxena, Scaler aims to provide high-quality technical education by collaborating with tech leaders and subject matter experts from renowned tech giants.
The edtech industry in India has faced challenges due to funding constraints and the disruption caused by the closure of educational institutions. However, there are positive developments in the sector, such as Unacademy’s recent launch of UnacademyX, a platform for UPSC aspirants, and Physics Wallah’s plans to invest INR 100 crore to expand its UPSC vertical. These initiatives demonstrate the industry’s determination to overcome obstacles and continue providing quality education to students across the country.