Scaler Academy, an edtech startup focused on providing computer science courses, has acquired online learning platform Coding Elements in an all-cash deal.
According to an ET report, the deal is worth around $1 million.
With this acquisition, Bengaluru-based Scaler aims to strengthen further and expand its offering in the professional upskilling space.
Started by Mudit Goel, Coding Elements offers computer science courses to students such as data science, machine learning, and full-stack web and mobile app development. It offers coding courses for kids and claims to have about 4,000 students on its platform.
As a part of the deal, Goel will join Scaler as its strategy and product lead. In his role, he will build the data science and machine learning vertical, and will also help in deepening Scaler’s relationship with industry partners.
Founded in 2019, Scaler Academy claims to have around 7,500 learners that have joined its educational programmes. The startup is backed by marquee investors such as Sequoia Capital, Tiger Global and Rocket Internet among others.
Last week, an edtech startup Camp K12 raised $12 million in its Series A round led by Matrix Partners India and Elevation Capital.