XSEED Education Pte, a Singapore-based company, has acquired Report Bee, domestic ed-tech startup, for an undisclosed amount.
Post acquisition, Ananthraman Mani, Bala Ganesh S and Anjan T, Founders of Report Bee, will be joining XSEED.
Founded in 2010, Report Bee offers a cloud-based software solution that permits schools to assess, report and analyse the performance of individual students, classes and teachers.
Through this acquisition, XSEED will integrate Report Bee's assessment platform to make it easier for schools to make real-time assessments, provide personalised student feedback, and analyse data to diagnose teaching gaps.
Ashish Rajpal, Founder and CEO, XSEED, said, "This is an important step towards becoming a complete education technology company. Report Bee brings on board capabilities in analytics, reporting, personalized assessment, and product design that compliment the XSEED Method, products and philosophy."
