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Edtech unicorn Byju’s acquired a lab-like virtual simulation platform LabInApp on Thursday. According to media reports, the deal amount has not been disclosed.
Founded in 2015, by Pavan Shinde, Girish Shirigannavar, Pramod Ramdurg and Vinayak Hulabatti, the startup offers science-lab simulation on smartphones and desktops. More than 5,000 schools across India leverage the startup’s solution. The app offers a 3D interactive platform which encompasses computer graphics and artificial intelligence for better learning and understanding. The app currently follows NCERT syllabus from Class 6 to 12.
The latest acquisition will provide a complete exit to Unitus Ventures. The venture capital has invested in the firm in 2015-16 along with Sylvant and Sandeep Maheshwari as angel investors.
“Acquisition of LabInApp by Byju’s