A major Ed-tech player Lead School announced the strategic acquisition of QuizNext, an AI-powered gamified student assessment and practice platform.
The acquisition of QuizNext follows Lead School’s recent completion of a $28-million Series C funding round led by WestBridge Capital along with existing investor Elevar Equity.
With this acquisition Lead School will further enhance its overall product offerings and help schools maintain their high standards of education and deliver a 100% Complete School experience. Integration of QuizNext will bring new features for schools to serve their assessment needs while building practice habit in students through gamified elements and personalised recommendations.
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Founded in 2012 by Mehta and Smita Deorah, Lead School offers integrated curriculum and technology solutions to affordable private schools.
The company claims to have grown its network of schools from 150 to 800 in the past one year, and expects to maintain the same growth momentum in 2020 as the pandemic has strengthened its position in the market with schools are looking for more options to digitise.