How will this Indian edtech firm’s acquisition plans work out?

More: Sequoia Capital India’s Surge puts more money on the table for startups and a former Huobi employee faces prosecution. [Read from your browser]( Daily Newsletter Hello {NAME} I recently got started on the latest season of The Boys, an irreverent take on what a massive superhero industry would look like, and I can’t recommend it enough. When we think of having great power, I believe many of us would default to Uncle Ben’s dying words to Peter Parker: “With great power comes great responsibility.” The Boys takes a look at this from the opposite end of the spectrum: absolute power corrupts absolutely. The scary thing is, much of what is shown seems like it could play out that way in real life - superheroes backed by powerful organizations doing whatever they want and using whatever means they have to go about it. That said, while startups might not generally be considered as powerful as a fictional superhero company like Vought, many of them do have the potential to hold lots of sway. For India-based edtech firm BrightChamps, its new US$100 million war chest for acquisitions means that it will have to ensure that it’s responsible when buying up other companies. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Indian edtech firm earmarks $100m for acquisitions, eyes SEA]( BrightChamps' co-founder says the market is fertile for those looking to acquire companies at relatively lower prices.  --------------------------------------------------------------- TECH IN ASIA SCHOOL Applications for Tech in Asia School's Fundraising Program close this Sunday, June 26! We've been getting some great questions from eager students since we announced our program lecturers - seasoned founders Nipun Mehra (founder and CEO of Ula) and Yiping Goh (partner at Quest Ventures) - on what the four-week curriculum is like and how it will equip early-stage founders with the tools and resources they need to cut through the fundraising noise. To help address these queries, we've published a video FAQ on what Tech in Asia School is and how our inaugural Fundraising Program is dedicated to help early-stage founders get investor-ready. Beyond the targeted coursework and awesome lecturers, students also get access to our investor and mentor network of top VCs and leaders in the tech startup ecosystem, which include the likes of East Ventures, Sequoia Capital, Wavemaker, Monk's Hill Ventures, and 500 Global. Don't miss the [application]( deadline of June 26 to be considered for the program!  --------------------------------------------------------------- TRENDING NEWS [Singapore approves 3 crypto licenses]( In a statement, Crypto.com said that it is one of the license recipients. [GIC, B Capital lead $150m round of global digital assets platform]( FalconX has created an infrastructure that allows institutional investors to tokenize traditional assets such as equities. [Ex-Huobi manager to be prosecuted for illegal trading]( Chen Boliang allegedly made US$5 million from illicit trading within the crypto exchange, Financial Times reported. [Mitsubishi fund invests in Japanese ecommerce firm]( Super Studio will use the fresh funds to create new businesses and support digital transformation. [Sequoia’s Surge raises funding ceiling to $3m]( The move aims to make the accelerator accessible to more founders, including those who have already raised seed funding. 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