Manabo, a Japan-based mobile tutoring app developer backed by corporates CyberAgent, Benesse and Zoshinkai, was acquired by preparatory school operator Sundai yesterday, according to The Bridge.
Financial terms have not been disclosed. Sundai purchased Manabo through its IT services unit, Satt.
Founded in 2014, Manabo operates a mobile app that offers access to some 200,000 lectures from more than 3,500 tutors. The company has collaborated primarily with online learning services providers to date but will now integrate its offering with…