Sashi Reddi’s Boss Wallah Acquires Edtech App ffredom

Sashi Reddi, a serial entrepreneur and investor, has announced that his company Boss Wallah will acquire the edtech platform ffreedom from Suvision Holdings.

The company stated that Reddi and his team will invest $7 million (about INR 60 crore) as an initial investment in Boss Wallah, but the exact details of the deal were not disclosed.

In a statement, Boss Wallah said the acquisition will help the company expand into areas like digital businesses, home-based businesses, small manufacturing, handicrafts, farming, animal husbandry, retail and food. The company also mentioned that its upcoming platform will connect users to thousands of experts in various business fields.

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“There are dozens of platforms for JEE and government exams. But what India needs is people looking to build businesses that provide employment and earn an income. That is what the Boss Wallah platform will do,” said, Boss Wallah founder and CEO Reddi.

“These are the kinds of businesses which can be built without much capital investment and employing 2-3 people to generate a great income in a small town without having to relocate to the metros,” he said.

Boss Wallah will focus on the broader edtech space. This move comes as the Indian edtech sector is going through a phase of consolidation due to challenges in the overall market.

Earlier, Reddi founded AppLabs, a software testing platform, and sold it to the US-based company CSC (now DXC) in 2011 for an undisclosed amount. He also advises the VC firm WestBridge Capital.

Reddi is the founder and managing partner of SRI Capital, a US-based venture capital firm that invests in early-stage startups. The firm has backed companies like Way2News, Fab Hotels and Healthify.

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