BrightCHAMPS acquires Education10x, the world’s first financial literacy education platform for children
PANJIM, India, Feb. 8, 2022 /PRNewswire/ — Goa-centered world wide edtech platform, BrightCHAMPS, introduced the acquisition of Education and learning10x, a economical literacy education and learning system for young children, in a funds & stock offer on Tuesday. The acquisition is in line with BrightCHAMPS’ vision of supplying a a single-end remedy for long term–all set life competencies to kids in the K-12 phase.
18-month-outdated Schooling10x was founded by IIM-Calcutta alumni Gyan Tiwari, Prasanna N Muley and Bhavishya Chaurasia. The firm has produced the world’s initial gamified finance software for youthful young children and teenagers from 8 to 16 many years of age. The program’s interactive curriculum is delivered in a dwell, 1-on-1 class model by finance pros who hold CA and MBA degrees. Instruction10x presently gives lessons to students from 20 countries, which include Saudi Arabia, Kuwait, US, Canada, UAE, Qatar, Bahrain, and Oman.
Saying the offer, Ravi Bhushan, Founder & CEO, BrightCHAMPS, explained, “At BrightCHAMPS, our purpose has usually been to equip little ones with all the future-generation long run–ready capabilities which they will require to guide fulfilled, thriving life. We feel economic literacy is 1 of the finest items that can be presented to the kids. Knowledgeable and progressive parents across the world have previously started out knowing its worth and we are currently observing an incredible early desire from men and women across the world. With that in mind, we are delighted to welcome Instruction10x, with its demonstrable monitor record of achieving phenomenal learning outcomes in just the economical literacy for kid’s place, to the BrightCHAMPS household.”
Gyan Tiwari, Co-Founder, Schooling10x, mentioned, “Schooling10x was commenced with the mission of educating the important everyday living talent of financial literacy to children neglected by present-day instruction methods. About the final 18 months, we’ve noticed incredible reaction from dad and mom and youngsters globally and now with the guidance of BrightChamps, we will be even further investing heavily in global enlargement, launching new classes in cryptocurrency and entrepreneurship, choosing across verticals and creating products that can present an even more advanced experience for kids.”
Launched in 2020, BrightCHAMPS has presence in 30+ nations and was valued at $500 million in August 2021, right after raising $63 million. It currently employs countless numbers of educators who supply tens of hundreds of classes all-around the environment just about every thirty day period, for little ones in the age team of 6-16 training them up coming-generation upcoming–prepared abilities for flourishing in the modern planet.
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