Scaler, a startup offering upskilling courses to working professionals, has stated that it has acquired online learning platform AppliedRoots for $50 million to strengthen its data science, artificial intelligence and machine learning courses.
It may be recalled that last year, Scaler had acquired Coding Minutes and CodingElements, both online tutors. AppliedRoots is known for its flagship AppliedAICourse.
Announcing the acquisition, Abhimanyu Saxena, co-founder of Scaler & InterviewBit, said: “All the co-founders have extensive experience across software development, AI & ML and the edtech industry. We feel powerful synergy with their team, their ideas and goals. Together we can accelerate the pace at which we can aid aspiring tech professionals to upskill themselves and create meaningful and rewarding careers.”
Post the acquisition, the six co-founders of AppliedRoots will be joining Scaler and lead varied projects. Srikanth Verma Chekuri, Co-founder, AppliedRoots, said. “We started AppliedRoots to democratize higher education with phenomenal quality and mentorship, and our vision is in perfect alignment with that of Scaler.”