Byju's acquires US kids app-making startup Osmo for ₹850 cr

Edtech startup Byju's has acquired US-based startup Osmo, that develops apps for kids, for over ₹850 crore ($120 million). Byju's intends to use Osmo's physical-to-digital technology and content to expand to a younger age group of kids between 3-8 years of age. Founded in 2013 by former Google employees Pramod Sharma and Jerome Scholler, Osmo creates reflective AI games.