Tech upskilling startup Scaler (by Interviewbit) has acquired online learning platform AppliedRoots for $50 million in a cash and stock deal.
Last year, it acquired Coding Minutes and Coding Elements.
The deal will enable it to strengthen its data science, Artificial Intelligence and Machine Learning capabilities.
The acquisition comes two months after it raised $55 million in Series B funding from investors led by Lightrock India.
Founded by Srikanth Varma Chekuri, Murali Krishna Varri, Naveen Krishnakanth Bade, Brahma Reddy, Srinivas Reddy, and Satish Atcha, AppliedRoots has served over 40,000 learners in the past four years. It provides diploma courses in areas like AI, machine learning, and coding.
Scaler focuses on upskilling college students and tech professionals. The company offers an intensive six-month computer science course through live classes delivered by tech leaders and subject matter experts.
