Scaler to bolster data science, AI offerings with US$50M take over of e-learning startup AppliedRoots
Scaler has bought AppliedRoots, an online learning platform. The deal is aimed at bolstering Scaler’s data science, and other offerings. Scaler, an India-based edtech business, has paid US$50 million for online learning platform AppliedRoots in order to expand the former's data science, Artificial intelligence (AI), and machine learning offerings. Scaler, which is backed by Sequoia Capital India and Tiger Global, focuses on reskilling college students and tech professionals. Over 1,000 tech leaders and subject matter experts from companies like Google, Facebook, Intuit, Microsoft, and Amazon teach users on the platform. AppliedRoots, founded by Srikanth Varma Chekuri, Murali Krishna Varri, Naveen Krishnakanth Bade, Brahma Reddy, Srinivas Reddy, and Satish Atcha, has serviced over 40,000 students in the last four years. It offers diploma courses in AI, machine learning, and coding. As part of the agreement, all six co-founders of AppliedRoots will join Scaler and ...