Bharti Airtel has acquired a 10% stake in #Edtech #startup, Lattu Media Pvt Ltd. for an undisclosed sum as part of the telco’s startup accelerator program, even as the Sunil Mittal-led telco ramps up 4G operations and expands its growing digital content partnerships to prise open new revenue streams.
Mumbai-based Lattu specialises in digital learning tools for children. The app focuses on improving English vocabulary, English reading and Maths skills for children under the age of 10 years through entertaining, fun learning animated videos and games. It is the fourth company to join the airtel Startup Accelerator Program that allows start-ups to leverage airtel’s robust ecosystem.
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Airtel acquires 10% stake in edu-tech start up Lattu Media
Bharti Airtel has acquired a 10% stake in Edtech startup, Lattu Media Pvt Ltd for an undisclosed sum as part of the telco's startup accelerator program, even as the Sunil Mittal-led telco ramps up 4G operations and expands its growing digital content partnerships to prise open new revenue streams. The investment is expected to enable Airtel to add Edtech to its premium digital content portfolio and give distribution scale to quality learning material from Lattu Media, which operates under the Lattu Kids brand-banner.
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