Posted by Mumbai: Practically, an experiential learning app for 6 to 12-grade students acquired ERP player Fedena (Foradian Technologies). The edutech startup Practically hasn’t disclosed the financial terms of this acquisition.
With this acquisition, Practically claims to become the world’s first edutech company offering a comprehensive end-to-end product suite for schools.
The integrated product will now offer one-in-all products and services that a school needs from experiential learning content, innovative and collaborative teaching tools, to easy-to-use administrative and support tools.
Practically offers immersive learning for students using artificial intelligence (AI) and augmented reality (AR), while Fedena offers cloud-based technology solutions for easy administrative and resource planning for educational institutes.
At present, through its open-source project, Fedena’s products are used extensively in 40,000 institutions. Over 20 million users in 20 different languages spread across 180 plus countries including India, Middle East, Africa and Southeast Asia regions user these products. Through its commercial and customized offerings, Fedena has served 1000 plus education brands globally.
Through this acquisition, Practically will also provide high-quality immersive content, simulations, games and its robust test-prep platform to the vast and varied network of Fedena schools globally.
Fedena is a solution provider that has helped educational institutes lower the cost of administration by integrating school management functions into a single easy-to-use software.
“This move not only boosts our active user base but also gives us an immediate global reach, besides allowing us to offer our product and services to Fedena’s existing network of schools,” said Charu Noheria, Co-Founder and COO -Practically.
“We are happy to contribute and be part of Practically’s vision of creating the most innovative edutech product for schools. By being part of Practically product and team, Fedena’s own offering will see greater adoption, more stickiness and deeper reach.” said Neelakantha Karinje, CEO – Fedena (Foradian Technologies).
Subbarao Siddabattula, Founder and CEO, Charu Noheria, Co-Founder and COO, and Ilangovel Thulasimani, Co-Founder and CTO, started Practically in 2018.