iNeuron Acquires Learn Code Online from YouTuber Hitesh Chaudhary in All-Stock Deal

Mumbai: Indian edtech company iNeuron has acquired a 100% stake in YouTube influencer Hitesh Chaudhary’s Learn Code Online (LCO) learning platform, in an all-stock deal that values ​​the LCO between Rs 110 crore and Rs 120 crore, people familiar with the deal said.

As part of the agreement, Chaudhary will join iNeuron as Chief Technology Officer (CTO). Chaudhary will also bring to iNeuron its relationships with over 20 overseas colleges and over 100 Indian and overseas universities, enabling it to connect with more top influencers.

LCO offers courses related to programming and technology at affordable rates.

iNeuron, founded by former EY and Panasonic executives Sudhanshu Kumar and Krish Naik, offers more than 230 technology courses, including emerging areas like data science, blockchain, Internet of Things (IoT ), AR/VR and commercial drones.

“We are thrilled to have Hitesh on board,” said iNeuron founder Kumar. “At iNeuron, my main goal is to make education affordable and strengthen our IT infrastructure so that we can handle millions of learners. Our students should be able to learn on web and mobile platforms without difficulty. so instructors can focus on teaching while we manage the technology infrastructure.”

Of his new role, Chaudhary said, “The most critical goal of this new journey is to focus on teaching students life skills that are in demand by businesses and organizations around the world, as well as to make education more accessible and sustainable. Making education more accessible to all sectors of the economy, in my view, is the only way forward for society.

INeuron, which started as a product development company with local and international clients, aims to fill the gap in the field of AI education. Its founders said teaching data science is not only prohibitively expensive, but also lacks hands-on exposure through live projects.

The company has experience in product development in the areas of computer vision, deep learning, natural language processing as well as industry expertise in warehousing, security, surveillance, health care and inventory management.

It had secured Series A funding from Indian education company S Chand Group in 2021 and launched affordable education programs One Neuron and Kids Neuron. He is now in talks to raise a Series B round for international expansion.

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