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M&A

BrightCHAMPS acquires financial literacy education platform Education10x

EdTech: K-12

Feb 8, 2022

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Feb 8, 2022

BrightCHAMPS acquires financial literacy education platform Education10x

M&A

BrightCHAMPS, an online learning platform, acquired fellow Indian company Education10x, a financial literacy education platform for children, in a cash and stock deal.

The acquisition allows BrightCHAMPS to provide an all-inclusive solution for skills development for children in the K-12 space. Following the acquisition, BrightCHAMPS intends to launch Education10x globally, launch cryptocurrency and entrepreneurship courses, expand the team, and continue product development.

Founded in 2021, Education10x is a gamified finance program for children aged 8 to 16. The program’s personalized, interactive curriculum is conducted by CA and MBA-qualified finance professionals. It currently serves students across 20 countries, including Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, Oman, the US, and Canada.

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