Edtech provider Schoolnet acquires Genius Teacher, a K-12 e-learning platform, in an all-stock deal.
Edtech provider Schoolnet acquires Genius Teacher, a K-12 e-learning platform, in an all-stock deal. Genius Teacher, founded by Housing.com's Advitiya Sharma, focuses on quiz-based learning and has raised $3M in funding. Schoolnet aims to expand its reach to 10,000 private schools by 2027 through this acquisition, adding 2.5M students to its user base. Other edtech companies, such as Unacademy and Lead, are also exploring M&A opportunities amidst sector consolidation.
July 09, 2024
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