Digital reading platform for kids Epic has been sold to India’s most valuable startup Byju for $500 million in cash and stock. (TechCrunch first reported the two parties in sale talks in March.) Epic says its user base includes 2 million teachers and 50 million students, and was fueled by at least $51 million in venture capital. Byju founder and ceo Byju Raveendran suggests that Epic’s revenues are appoximately $100 million this year. Presumably the platform’s continued growth will be good for the publishers that license their content to the subscription service. Reportedly Epic soon expand to India and other […]
