wordpress blog stats
Connect with us

Hi, what are you looking for?

Roundup: Liga Edutech buys Learning Outcomes and Gloob Decor buys Banana Interactive

Update: An earlier version carried stories on Paytm and Dailyhunt. Separate stories are being done on them

Liga Edutech buys student assessment startup Learning Outcomes

Bangalore-based student assessment startup Liga Edutech has bought Learning Outcomes which operates in the same field for Rs 6 crore, reports TechCircle. Initially based out of Pune, Learning Outcomes moved its operations to Bangalore. The company captures granular data from routine school assessments and then analyses it to present the story behind the grade. The company claims it has worked with over 35 schools across seven cities, mostly in South India. It charges an annual subscription fee per student. This fee includes the cost for hardware and software.

Liga Edutech was founded last year by a group of ex-Infosys, IBM executives. It seeks to identify developmental needs of children and provides counselling tips to parents and teachers. So far, it claims to have worked with over 30,000 students in over 50 schools across five states. It had raised an undisclosed amount in Series A funding from Gana Yantrika Systems.

gloob

Gloob Decor buys augmented reality firm Banana Interactive 

Gloob Decor, an interior designing and home furnishing firm has acquired augmented reality company Banana Interactive, reports NextBigWhat. Banana Interactivewill now be heading Gloob’s visual application development vertical. Banana Interactive, which was self-funded, began as gaming and application development startup.

Banana Interactive will develop technological capabilities that allows interior designers, retailers and customers to visualise their furniture in a 3D environment  Banana Interactive was founded by Prafful Sahu and Ritesh Ranjan. Both Sahu and Ranjan worked at Wings Intellect, a game development company before launching Banana Interactive.

Gloob was founded by Kunal Sharma and Ankur Muchhal in 2011 and the company calls itself a multi-category, design and production lab in the home improvement space. Gloob claims to have designed and manufactured more than 200,000 unique products in-house as part of its manufacturing and distribution portfolio.

You May Also Like

News

Info Edge Venture Fund has raised ₹375 crore from MacRitchie Investments, a subsidiary of Temasek Holdings, according to a stock exchange filing. The venture...

News

By Pallav Pradyumn Narang One of India’s most notable and successful angel investors Sanjeev Bikhchandani has come out vociferously against the trend of Indian...

News

Info Edge founder and vice chairman Sanjeev Bikhchandani has called out the overt influence of foreign funds in the Indian startup landscape, likening it...

News

The Indian government has amended the internet shutdown rules, formally known as the Temporary Suspension of Telecom Services Rules, to restrict the validity of...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ