Qubits Learning, a Dubai-based edtech company founded by two entrepreneurs from Kerala, has acquired US-based Ellipsis Education in a full buyout deal. The financial terms have not been disclosed but the acquisition is said to be an all-cash transaction.
The deal is expected to help Qubits expand its reach across the US school education market, particularly in the K-12 computer science segment.
Ellipsis Education, founded in 2018, operates in states such as Texas, Oklahoma, New Mexico, Mississippi, and Nevada, claims to be serving approximately 1,50,000 students. Over the past seven years, Ellipsis says it has raised about $13.5 million (₹115 crore) in funding.
Qubits Learning was launched in 2021 by De Paul Kannamthanam from Muvattupuzha and Unnikrishnan Cheruprappan from Chavakkad. The company delivers digital education in programming, artificial intelligence, data science, and related subjects to students from nursery to Grade 12.
Unlike Ellipsis, Qubits has remained bootstrapped and has not raised any external capital. The acquisition allows Qubits to expand into North America by integrating Ellipsis’ curriculum and school partnerships into its existing platform.
According to Qubits’ founders, the acquisition aims to integrate Ellipsis’ school networks and curriculum with Qubits’ own platform, which focuses on subjects like programming, AI, and data science. The company says its tools are designed to align with US and British curricula, and plans are underway to introduce offerings in India aligned with the CBSE syllabus by next year.
