XSEED acquires EdTech startup Report Bee QUOTED BY LiveMint
Xseed Education Pte Ltd, a Singapore-based education company, on Tuesday said it had acquired Report Bee, a Chennai-based education technology firm focused on assessment analytics and reporting in K-12 schools for an undisclosed valuation.
The acquisition will help the company expand its offerings in schools across India and abroad.
“This (acquisition of Report Bee) is an important step towards becoming a complete education technology company. Report Bee brings on board capabilities in analytics, reporting, personalised assessment, and product design that complement the XSEED,” according to Ashish Rajpal, founder and chief executive of XSEED.
“Report Bee’s technology and analytics expertise compliments XSEED’s product and mission. The market is now ripe for many more disruptions and we believe we can move faster together,” said Ananth Raman Mani, founder of Report Bee.
Read the full story: XSEED Education acquires Chennai based EdTech startup Report Bee