India-Based Edtech Company Byju’s Acquires Epic

World’s most valuable edtech company continues US expansion push

Palo Alto – July 29, 2021 – Cooley advised India-based Byju’s, a global leader in online learning, on its agreement to acquire reading platform Epic for $500 million. Rishab Kumar, Steve Tonsfeldt and Erik Edwards led the Cooley team advising Byju’s on the transaction.

By acquiring Epic, Byju’s will expand its offerings in the US as it seeks to invest $1 billion in North America to accelerate its vision of helping students fall in love with learning. The transaction is subject to customary closing conditions.

“Our mission is to fuel curiosity and make students fall in love with learning,” Byju Raveendran, founder and CEO of Byju’s, said in a news release. “Knowing that Epic and its products are rooted in the same mission, it was a natural fit. Together we have the opportunity to create impactful experiences for children to become life-long learners.”

Founded in 2015 by Byju Raveendran and trusted by more than 100 million students worldwide, Byju’s is the world's most valuable edtech company. By making learning feel like play contextually and visually, Byju’s is paving the way for new-age, geography-agnostic learning tools that sit at the cross-section of mobile, interactive content and personalized learning methodologies.

Cooley represents a growing number of Asia’s most innovative and dynamic tech and life sciences companies, advising them at all stages of their life cycle, from formation through financings and exits. In February 2021, India Business Law Journal recognized four Cooley-led transactions as 2020 Deals of the Year, an honor that highlights the most significant India-related deals and disputes, and the law firms that worked tirelessly to bring them to fruition.

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Related Contacts
Rishab Kumar Partner Palo Alto
Steve Tonsfeldt Partner Palo Alto
Erik Edwards Partner Palo Alto
Ferish Patel Partner in Charge – Singapore Singapore, Hong Kong
Matthew Johnson Special Counsel Washington, DC
Luke X. Blackett Associate San Francisco
Patrick Pang Associate Palo Alto
Felipe C. Pereira Associate Palo Alto
Chelsea André Associate Palo Alto
Leanne Andrepont Senior Trademark Paralegal
Bryan Berman Associate Colorado
Stacey A. Bradford Special Counsel Washington, DC
Wendy Brenner Partner Palo Alto, Los Angeles
Megan Browdie Partner Washington, DC
Peter Burns Of Counsel Palo Alto
Michael Coburn Associate New York
William Corcoran Partner Boston
Scott Dailard Partner San Diego, Washington, DC
Daniel P. Herrmann Associate New York
David Hopkins Special Counsel Colorado
Rachel F. Katz Associate New York
Kristopher Kleiner Associate Colorado
Barbara Mirza Partner Los Angeles, Palo Alto
Patricia Myers Paralegal Specialist Colorado
Shannon Noonan Associate Washington, DC
John Paul Oleksiuk Partner New York, Los Angeles
Amanda Pacheco Associate Palo Alto
Liz Paisner Associate Palo Alto
Rebecca Ross Special Counsel Washington, DC
Stella Sarma Special Counsel Brussels, London
Patrick M. Stewart Associate Colorado
Rubin Waranch Associate Washington, DC
Casey Warsh Associate Colorado
Gabrielle Whitehall Associate Washington, DC
Alla Kagan Paralegal Specialist San Diego