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Scaler acquires e-learning platform AppliedRoots for $50 million

Bengaluru-based edtech company Scaler has acquired e-learning platform AppliedRoots for US$50 million (about Rs 378 crore) to bolster its course offerings for engineers. ”We are delighted to welcome the AppliedRoots team to the Scaler ecosystem. All co-founders have extensive experience in software development, AI, ML and the IT industry.

“As we build ourselves into a world-class virtual technology university, their experiences will be very helpful. This acquisition will allow us to strengthen our data science, machine learning and artificial intelligence offering and help us tap into a much larger learner base,” said Scaler co-founder Abhimanyu Saxena. , in a press release.

After the acquisition, the six co-founders of AppliedRoots – Srikanth Varma Chekuri, Murali Krishna Varri, Naveen Reddy Bade, Brahma Reddy, Srinivas Reddy and Satish Atcha – will join Scaler and lead various projects.

”Scaler has a mission-driven, high-capacity team, and we look forward to working with them. It’s an exciting time in the ed-tech space in the country, and we’re very optimistic about what we can achieve together,” Chekuri said. PTI PRS BAL BAL

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