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Scaler Founders
Edtech startup Scaler has acquired a Delhi-based education platform, Pepcoding, for an undisclosed amount with an aim to strengthen its business ecosystem.
According to the company's statement, The acquisition will further accelerate growth and support across various business units, including strategy, product design, B2B enterprise, operations and instructor org.
This is the fourth acquisition for Scaler; previously, the edtech startup acquired AppliedRoots, Coding Minutes, and Coding Elements.
With this acquisition, Scaler said it aims to bring synergies between the two companies to strengthen its offering in the tech education space. As part of the acquisition, Pepcoding has merged with Scaler and its co-founder, Sumeet Malik, has also joined the startup as an instructor and content creator to help improve the learner experience, especially in the Low-Level Design (LLD) curriculum.
Other Pepcoding employees have also joined Scaler as full-time employees working across diverse teams.
The Pepcoding team will also play a vital role in developing Scaler School of Technology, a newly launched 4-year residential undergraduate program in Bengaluru, it said.
Abhimanyu Saxena, Co-founder of Scaler & InterviewBit, announced the acquisition, said, "We are delighted to welcome the PepCoding team to the Scaler ecosystem. Sumeet's team has demonstrated a unique ability to stay true to its core ability to transform the learning experiences of young engineering students. Their experience with undergraduate students will come in handy to our recently launched residential undergraduate program, the Scaler School of Technology. Pepcoding's diverse talent pool and Sumeet's extensive industry expertise will help accelerate the pace we are working towards achieving our vision and mission."
Founded in 2017, Pepcoding specialises in Data Structure & Algorithms (DSA), Web Development, Data Science, CORE, CBSE, GATE & Business Analytics.
The startup claims that its offline and online courses have helped undergraduate students to improve their coding skills, learn with like-minded people and secure employment opportunities across leading companies.
It claims to have worked with over 5000 learners since its launch.
Sumeet Malik, Founder and CEO of Pepcoding, said. "We are excited to be a part of one of the fastest-growing tech education companies in India and work towards the shared vision of nurturing future-ready technology talent. Like Scaler, we are excessively focused towards the success of our students and firmly believe that the nation has enough raw talent to one day build products and companies that will dominate the world, similar to what organisations like Google, Microsoft and Uber have done. All they need is the appropriate direction and access to opportunities. This strategic union with Scaler will help us take a step towards revolutionising how India learns and works with technology. "
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