Practically, an edtech platform, has acquired Fedena, an ERP software for schools, positioning itself as a leader in the global edtech market.
Information on the Target
Practically, an edtech platform operated by 3rdFlix Visual Effects Pvt Ltd, has made a significant acquisition by purchasing Fedena, an enterprise resource planning (ERP) software for schools. Although the financial details of the acquisition remain undisclosed, this move positions Practically as the first edtech company globally to offer a comprehensive end-to-end product suite tailored specifically for educational institutions.
The newly integrated product will provide schools with a range of services, including experiential learning content, innovative teaching tools, and user-friendly administrative features. Fedena itself offers a robust platform for various school management functions such as parent-teacher collaboration, fee management, online payments, grading systems, attendance tracking, online examinations, and other essential administrative tasks.
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Industry Overview in India
The Indian edtech industry has seen remarkable growth in recent years, driven by increased digital adoption in educational settings. With a burgeoning population that prioritizes quality education, the demand for inno
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Practically
invested in
Fedena
in 2022
in a Buyout deal