Sri Chaitanya Educational Institutions, which operates the edtech startup Infinity Learn, said it has acquired the cognitive development edtech startup Wizklub for $10 million (around Rs 77 crore).
This marks Infinity Learn’s third acquisition in its first year of operation. Earlier, it acquired Teacherr, a digital platform by the teaching community and Don’t Memorise, a concept-based multilingual content platform.
According to the statement, with this acquisition, Infinity Learn has forayed into a new vertical- Infinity Futurz. The statement added that Infinity Futurz aims to augment its existing portfolio of Infinity Learn offerings to the K12 segment by inducing foundational skills that a student needs to acquire to succeed in the career of their choice in the future.
Over the next 24 months, Infinity Learn is looking at over one million early years students joining Infinity Futurz. This year, it will also be looking at taking the Wizklub offering through Futurz to English-speaking nations this year.
Launched in 2018 by Amit Bansal, Wizklub offers research-based education programs designed to develop future skills across comprehension, critical thinking, and mathematical aptitude in kids from the age group of 6–14 years. Their research program claims to build Higher Order Thinking Skills (HOTS) in kids and it helps to analyze, synthesize, evaluate, interpret and solve problems at complex levels.
“I found the Infinity Learn DNA very similar to that of Wizklub. Wizklub is a company obsessed with learner outcomes. And the first question that Sushma and Ujjwal asked me in our first meeting was: How do you measure whether the student has acquired the skills you are teaching. I found that a refreshing change from the market full of "sell first" approach. I know that with Infinity Learn, we would realize our vision to empower the current generation of school-going children with skills necessary to succeed in the future," said Amit Bansal, Founder and CEO of Wizklub.
“We teach our students the right skill, at the right time, in the right medium. Wizklub also works on the similar principle of effectively teaching students with best-in-class digital products helping students develop core cognitive excellence and work on logical and creative thinking abilities. I am sure that with the Wizklub team joining Infinity Learn we will be better on our mission to give every child the best start to their learning journey and prepare them with the skills they need for a 21st-century world," said Sushma Boppana, Founder Director, Infinity Learn by Sri Chaitanya.
