SUMMARY
KidzByte aims to transform teens from content consumers to creators via audio visual medium
JetSyntheses focuses on gaming and esports, digital entertainment, wellness and livelihood
This partnership is aimed at transforming the way children access content and empowering them with information to become creative and driven individuals
Digital entertainment and lifestyle platform jetsynthesys
has acquired KidzByte, an educational news and knowledge media platform for kids.
Founded in 2018 by media professionals Chetan D’Souza & Swagat Salunke, KidzByte also aims to transform teens from content consumers to creators via audio visual medium.
According to the press statement, this partnership is aimed at transforming the way children access content and empowering them with information to become creative and driven individuals.
Commenting on the acquisition, Chetan D’Souza, founder and CEO of KidzByte said, “This partnership opens up a world of possibilities for KidzByte and allows us to reach even more children and schools with our innovative educational platform. JetSynthesys shares our vision of enabling kids to be kidfluencers, and with their expertise and resources, we can multiply our effect and revolutionize the way children engage with educational media.”
Further adding to this, Rajan Navani, founder and CEO, JetSynthesys said, “With KidzByte, we aim to harness the power of technology to nurture young minds and aid their overall growth and development.”
Founded in 2014, under the leadership of Rajan Navani, JetSynthesys focuses on gaming and esports, digital entertainment, and wellness and livelihood. It claims to have millions of users across 180 countries.
JetSynthesys said, it has built a powerful ecosystem of technology, talent, content, and distribution stacks, and is committed to delivering delightful moments to all stakeholders across multiple digital worlds, aptly titled the #Jetverse.
This is the second acquisition for JetSynthesys this year. In January 2023, it acquired a majority stake in former Twitter India head, Manish Maheshwari-led startup Fanory. Through this acquisition, Maheshwari joined JetSynthesys as the president to focus on the global expansion of Fanory.
This deal was aimed at enabling Fanory to leverage the digital entertainment arm of JetSynthesys and allow the former to deploy the latter’s resources to scale the new platform.
Last year,JetSynthesys bagged an investment of $5.4 Mn from PUBG Maker Krafton for its gaming studio Nautilus.
