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 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.