July 19 - 10:07
Blackstone pays $250m for majority stake in edtech startup Simplilearn
Private equity firm Blackstone is investing $250m in edtech startup Simplilearn. The cash injection will give Blackstone a majority stake in the company. Simplilearn offers online bootcamps for users to learn data science, cloud, AI and machine learning skills. "This is the most opportune time to take the next big leap in our journey," said its CEO. Blackstone also recently invested in Byju's.
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