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Pavan Allena and Ravi Bhushan
Edtech startup BrightChamps is expanding its horizons with its latest acquisition of Hyderabad-based edtech startup Metamorphosis Edu for an undisclosed sum. This marks the third acquisition for BrightChamps, which has already made waves in the industry with its innovative approach to online education.
"We're excited to enter the B2B arena with this acquisition, and we're confident that it will help both teams achieve great things," said Ravi Bhushan, founder and CEO of BrightChamps.
By acquiring Metamorphosis Edu, BrightChamps aims to bring its curriculum to even more students by partnering with schools and widening access to its courses at lower price points. "Our goal is to make education accessible to as many students as possible, and this acquisition is a step towards achieving that goal," Bhushan added.
With the addition of Metamorphosis Edu's expertise in entrepreneurship-related skills and NEP compliance, BrightChamps plans to introduce even more skill-based learning courses to its already impressive lineup. The startup also plans to set up labs within schools and train teachers in curriculum vetted by industry experts.
"We're excited to be joining forces with BrightChamps and bringing our expertise to a wider audience," said Pavan Allena, founder of Metamorphosis Edu. "Together, we can make a real difference in the world of education."
"We're thrilled that the Indian government is recognising the value of next-gen life skills in ensuring fulfilled futures for all our kids, irrespective of their socioeconomic status or geographical constraints. We want to support these visionary efforts, and Metamorphosis is the perfect partner to help us achieve this goal of substantially widening access to our curriculum at lower price points through partnerships with schools," Ravi Bhushan added.
BrightChamps has already made a name for itself with its online classes in programming, AI, design thinking, languages, and financial literacy, serving students between the ages of 6 and 16 in over 30 countries. With a $650 million valuation and $63 million in total investment, the startup has big plans for global expansion.
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