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
Luke X. Blackett  Associate San Francisco
Patrick Pang  Associate Palo Alto, New York
Chelsea André  Associate Colorado
Leanne Andrepont  Senior Trademark Paralegal
Bryan Berman  Special Counsel Colorado
Stacey A. Bradford  Special Counsel Washington, DC
Wendy Brenner  Partner Palo Alto, Los Angeles – Santa Monica
Megan Browdie  Partner Washington, DC
Peter Burns  Of Counsel Palo Alto
William Corcoran  Partner Boston
Scott Dailard  Partner San Diego, Washington, DC
David Hopkins  Special Counsel Colorado
Rachel F. Katz  Associate New York
Kristopher Kleiner  Special Counsel Colorado
Barbara Mirza  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Patricia Myers  Paralegal Specialist Colorado
Shannon Noonan  Associate Washington, DC
John Paul Oleksiuk  Partner New York, Los Angeles – Santa Monica
Amanda Pacheco  Associate Palo Alto
Liz Paisner  Associate New York
Rebecca Ross  Special Counsel Washington, DC
Stella Sarma  Special Counsel Brussels, London
Rubin Waranch  Associate Washington, DC
Casey Warsh  Associate Colorado
Alla Kagan  Paralegal Specialist San Diego