Byju's in talks to acquire US-based reading platform Epic: Report

Deal could help acquirer deepen US footprint. Epic's platform has 40,000 popular, high-quality books from 250-plus publishers. It aims to fuel curiosity and reading confidence in kids 12 and under

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BS Reporter Bengaluru
Edtech decacorn Byju’s in talks to acquire US-based online reading platform Epic, according to TechCrunch. The acquisition is expected to help the Bengaluru-based Byju’s to deepen its footprint in the US market.

Epic’s reading platform is built on a collection of over 40,000 popular, high-quality books from more than 250 publishers—with the aim to fuel curiosity and reading confidence for kids 12 and under.

The deal values Epic at “significantly” over $300 million, according to TechCrunch.  Byju’s declined to comment on the deal.

Epic was co-founded by Kevin Donahue and Suren Markosian.In the past year, the firm moved from 20

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First Published: Mar 30 2021 | 8:45 PM IST

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