AEON Learning Acquires Online EdTech Platform Acadgild

AEON Learning Acquires Online EdTech Platform Acadgild for $10mn

Reaching to students across 66 countries, AEON Learning aims to tap into the fast growing online higher education market.

Bangalore, November 30, 2017: AEON Learning Private Limited (AEON), the edtech company that offers technology to universities for their courses through its platform Avagmah, today announced that it has acquired Acadgild, an online edtech startup that offers high-end tech skills to mid-career IT professionals for $10 million in an all stock deal. As a result of this acquisition, AEON Learning emerges to be one of the largest players in the online education industry for ambitious young busy working professionals in India encompassing both education and skill development courses. AEON reaches to 22,000 students across 66 countries, with 20% business originating from the US. The company aims to tap into the fast growing online higher education market, which is pegged to be a $1.96 billion industry by 2021 (as per a latest KPMG-Google report).

Karthik KS, Founder and CEO of AEON Learning said, “Acadgild’s leadership and strengths in delivering cutting-edge short-term IT skills complement Avagmah’s leadership in supporting universities in offering their long term courses using technology. This acquisition offers us a tremendous opportunity to shape the future of the global workforce to produce readily deployable skilled talent. The acquisition was the result of finding a perfect synergy of technology, talent and target audience between Acadgild and Avagmah.

Acadgild takes a differentiated approach and offers a hybrid model that combines live classes and an online platform for learning. Acadgild offers programs on leading edge technology skills with hands-on mentorship from industry experts. It works with various corporates offering over 35 industry ready skill development courses, some of them being android programing, analytics, big data and more.

Vikalp Jain (co-founder of Acadgild), who joins as President of AEON Learning said, “There are clear synergies in the business processes and target markets of both Avagmah and Acadgild and this acquisition puts us in a formidable position to address both education and reskilling needs of working professionals and will help us grow and scale faster than ever”

AEON Learning till date has raised a cumulative funding of $6.5 million and expects to reach a student base of over 100,000 in 5 years time.

Acadgild received initial investment from venture capital firm Jupiter Capital, Enki and K Ganesh of GrowthStory and works with corporates like GE, Capgemini, Cognizant, Oracle and more. Avagmah is backed by marquee investors like Kris Gopalakrishnan of Infosys, Sri Hari of Lion Rock Capital, Atul Nissar of Aptech and Meena Ganesh.

About AEON Learning

AEON Learning Private Limited (AEON) is a Bengaluru-based edtech company focused on online degree programs and skill development courses. The startup reaches out to 22000 students across 66 countries and partners with over 7 institutes and universities and over 36 corporates across the globe. For more information visit

About the Author
Author: Editorial TeamWebsite:
Team of writers and editors at EdTechReview (ETR) - A premier media platform and community for educational stakeholders to connect and find useful news, information and resources on educational technology having a niche subscriber base of 90,000+ and an annual readership of 2.5M+ from over 220 countries and territories across the globe.
For latest updates, you can follow us on Twitter, Linkedin

Like what we do?

The Latest EdTech News To Your Inbox

Follow us:




Latest EdTech News To Your Inbox

The EdTech Tweets

EdTechReview EdTechReview is happy to announce LoudCloud as Session Partner at the HIGHER EDUCATION TECH CONFERENCE 2019. Meet t…
About 8 hours ago
EdTechReview Come & meet Leadsquared team at the HIGHER EDUCATION TECH CONFERENCE 2019, Delhi 28 June, and discuss how they are…
About 9 hours ago

Follow etr_in on Twitter

About ETR Community

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.

EdTechReview spreads awareness on education technology and its role in 21st century education through best research and practices of using technology in education, and by facilitating events, training, professional development, and consultation in its adoption and implementation.


-> Read More

Join The Community

Subscribe and Join the 80,000+ members who trust us...

Follow us on

I find every news, reviews very informative and interesting. This site is indeed a great site for both teachers and learners. Thanks to EdTech for creating such an enriching site on education. Hats off!!
- Regin Brown, Educationist and Blogger, United Kingdom

My group likes this site because it's so up-to-date and has tons of relevant articles.
- Angela Giuliano, Teacher, New Mexico

Your write ups and articles ignites the minds making them receptive to the whole new wealth of EdTech.
- Jagat Rana, Parent, India

EdTechReview has some great resources for teachers who need to get some ideas about technology in the classroom.
- Loretta Wideman,Teacher, East Africa

EdTechReview keeps educators up to date with trending tech savvy terms relative to the discipline.
- Dr. Ingrid Rizzolo,Education Professional, Curriculum and Instruction Designer, New York City Area

-> Read More

Go to Our Client List

Adobe Avaya Bettasia Bonio Campus Management CK12 CKS Evernote IBM Intel IQPC Kidzania McGraw Hill Moodle Moot USC Rossier CMR University The British School Canadian International School Pathways Ridge Valley

Subscribe to our Newsletters...