ConveGenius acquires Gray Matters India to boost adaptive learning platform

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ConveGenius acquires Gray Matters India

Ed-Tech social enterprise ConveGenius, has acquired Gray Matters India (GMI) to augment its personalised and adaptive learning platform.

Gray Matters India has an annual revenue rate (ARR) of about $1 million.

The acquisition will help ConveGenius integrate GMI’s measurement science with its automated learning capabilities and help under-served students diagnose their remediation requirement for missing skills and knowledge through a tailored set of instructions.

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The step has been taken to further strengthen their ‘EdTech for Naya Bharat’ campaign that aims to empower 100 million students at the bottom of the education funnel.

Also read: Delhi University launches integrated e-learning platform

The digital learning fingerprint of every learner contains encoded information associated with their cognitive skillsets. This helps ConveGenius understand the growth of a learner. GMI will help ConveGenius enhance students’ learning levels with transparent communication infrastructure.

“Bringing education to the bottom 100 million children in India at an affordable price point, done in a viable manner, is a tough social entrepreneurship problem to crack,” Rajat Dhawan, senior partner at McKinsey & Company, who was an angel investor in ConveGenius in his capacity, said.

From last few months, Ed-Tech firms are making their presence felt in the education sector with the closure of schools due to Corona. The future is looking good for ed-tech firms as hybrid learning will be the new norm.

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