Edtech firm AppliedRoots acquired by Scaler for $50 million

Scaler has bought an edtech startup AppliedRoots for $50 to promote and expand online courses. Scaler is a startup offering upskilling courses to working professionals. It has acquired AppliedRoots with an aim to promote its artificial intelligence (AI), data science, and machine learning courses. AppliedRoots is recognized for its flagship Applied AI course.

Commenting on this acquisition, Abhimanyu Saxena, co-founder, Scaler & InterviewBit said that all co-founders have in-depth knowledge in software development, artificial intelligence and are also well aware of trends in edtech industry.  We experience powerful synergy with their team, strategies, and goals. With this acquisition, they can accelerate the pace at which they can help aspiring tech professionals advance their skillset and create rewarding careers.

Post the acquisition, the six co-founders of AppliedRoots will be joining Scaler and managing and leading various projects. Some teams of AppliedRoots will work with the Scaler DS&ML business vertical, while some will work on building content vertical.

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