BrightCHAMPS acquires Education10x, the world’s first financial education platform for children
PANJIM, India, February 8, 2022 /PRNewswire/ — Goaglobal edtech platform, BrightCHAMPS, announced on Tuesday the acquisition of Education10x, a financial literacy education platform for children, in a cash and stock transaction. The acquisition is in line with BrightCHAMPS’ vision to provide a one-stop solution for future–life skills ready for children in the K-12 segment.
Education10x, 18 months, was founded by IIM-Calcutta alumni Gyan Tiwari, Prasanna N Muley and Bhavishya Chaurasia. The company has developed the world’s first fun financial program for young children and teenagers aged 8 to 16. The program’s interactive curriculum is delivered in a live, 1-on-1 classroom model by finance professionals with CA and MBA degrees. Education10x currently offers courses to students from 20 countries, including Saudi Arabia, KuwaitWE, CanadaWATER, Qatar, Bahrainand Oman.
Announcing the agreement, Ravi BhushanFounder and CEO of BrightCHAMPS, said, “At BrightCHAMPS, our goal has always been to equip kids with all future next-gen features.–ready skills they will need to lead a fulfilling and successful life. We believe financial literacy is one of the greatest gifts children can have. Conscious and progressive parents around the world have already begun to realize its importance and we are already seeing amazing early interest from people around the world. With that in mind, we are thrilled to welcome Education10x, with its demonstrable track record of delivering phenomenal learning outcomes in the area of financial literacy for children, to the BrightCHAMPS family.”
Gyan Tiwarico-founder of Education10x, said, “Education10x was launched with a mission to teach essential financial life skills to children neglected by current education systems. Over the past 18 months, we have seen a tremendous response from parents and children around the world and now, with the support of BrightChamps, we will continue to invest heavily in global expansion, launching new cryptocurrency courses and entrepreneurship, hiring across all verticals and creating products that can provide an even more sophisticated experience for kids.”
Launched in 2020, BrightCHAMPS is present in over 30 countries and has been rated at $500 million in August 2021after lifting $63 million. It currently employs thousands of educators delivering tens of thousands of classes worldwide each month., for children aged 6 to 16 by teaching them about the future of the next generation–skills ready to thrive in the modern world.