Edtech firm Infinity Learn takes over Wizklub for $10M in acquisition spree
Looks like edtech startup, Infinity Learn, is on an acquisition spree. The company has taken over Wizklub in the latest deal. On Wednesday, Infinity Learn, an edtech firm financed by Sri Chaitanya, announced it had taken over Wizklub for USD 10 million (about Rs 77 crore). The deal is part of Infinity Learn's push into cognitive learning. Wizklub's 100-person team will join the edtech platform and operate under the cognitive learning vertical "Infinity Futurz." Sushma Boppana, Founder and Director of Infinity Learn, said the take over of Wizklub adds significant value to what Infinity Futurz intends to provide. According to Boppana, "It fosters the development of a child's cognitive capacities from childhood, which are essential for both offline and online learning. This will allow us to take students' instruction to a higher level, focusing on how to raise their IQ levels and thinking abilities, making it easier for both Sri Chaitanya...