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Byju’s buys Epic reading tech

Byju’s, the 10-year-old, $16 billion educational technology company, headquartered in Bangalore, India, has acquired California-headquartered reading platform Epic for $500 million in cash and equity.

Epic operates a digital reading platform for children aged 12 or younger, which claims to be in 90% of US elementary schools.

Byju’s is India’s largest startup and one of the world’s largest education tech companies.