Brazil Education Market
September 2019

Three hundred and sixty-four EdTech startups identified in mapping exercise. Kroton lays out ambitious merger and acquisition plans. Arco Educação raises around $220 million in NASDAQ IPO.

discussion

Brazilian EdTech Arco Educação raises around $220 million in a NASDAQ IPO and is rumoured to be 10 times oversubscribed backed by impressive revenue growth. CIEB and the Brazilian Association of Startups (Abstartups) identify three hundred and sixty-four EdTech startups in the country's first mapping excercise. Kroton discusses the acquisition of Somos Educação even as it eyes a further merger with Cruzeiro do Sul Educacional.

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