CollegeDekho, a student enrollment platform, has acquired coding platform PrepBytes in a cash and equity deal. The acquisition is expected to boost the online platform CollegeDekho Learn, which helps students understand computer programming, business, finance, and digital marketing.
“PrepBytes adds a vocational component to our Learn business, which is already thriving. This will also be our first attempt at offering placement services to our pupils.” CollegeDekho co-founder and CEO Ruchir Arora stated.
CollegeDekho Learn and PrepBytes have a combined user base of more than 155,000 people who have attended more than 92,000 hours of sessions, according to a statement released by CollegeDekho on Monday.
CollegeDekho now has multiple businesses, including student enrollment, study abroad, online learning, and education lending, and it’s “exploring more inorganic growth opportunities.” The PrepBytes founding team will join CollegeDekho’s senior leadership after the acquisition, but will continue to operate independently.