Moodle, an Australia-based learning management platform, announced recently that it has acquired Hyderabad-based edtech startup eAbyas for an undisclosed amount.
In a statement, Moodle said that it plans to complete the task of integrating teams and processes with the eAbyas platform over the next six months. With this move, Moodle has also accelerated its official launch of Indian operation in 2023.
As part of the move, eAbyas will move to a new website and redefine its go-to-marketing strategy.
This deal will enable Moodle to expand its presence in the Indian edtech space and create direct relationships with local customers. The acquisition will help Moodle strengthen its growth trajectory and leverage eAbyas’ capabilities in PHP development to offer customised products to its clients.
The move will also bolster Moodle’s global network and accelerate the platform’s ability to support bigger clients.
Launched in 2002 by Martin Dougiamas, Moodle is an open-source learning management systems provider that offers educational services to its users. Its solutions include consulting, hosting, support, themes, and training. It uses open-source to offer educational services to its users.
Founded in 2010 by Sushil Karampuri, eAbyas is an edtech platform that caters to the digital learning needs of higher education institutions, corporates, and government agencies. The startup also offers consultancy and training services for the administration and deployment of Moodle products.