Singapore’s XSEED buys India’s edtech startup Report Bee

The central business district in Singapore. Photographer: Ore Huiying/Bloomberg

Singapore-based K-12 education company XSEED Education on Wednesday announced that it is going to acquire India’s edtech startup Report Bee for an undisclosed amount.

Report Bee provides a cloud-based software solution that allows schools to assess, report and analyse the performance of individual students, classes and teachers.

“By integrating Report Bee’s assessment platform and suite of products, XSEED seeks to make it easier for schools to make real-time assessments, provide personalized student feedback, and analyze data to diagnose teaching gaps,” XSEED said in a statement. 

As part of the deal, Report Bee founder Ananthraman Mani and co-founders Bala Ganesh S. and Anjan T. will join the XSEED technology product team.

“This is an important step towards becoming a complete education technology company. Report Bee brings on board capabilities in analytics, reporting, personalized assessment, and product design that compliment the XSEED Method, products, and philosophy,” said XSEED founder and CEO Ashish Rajpal. 

XSEED offers specialized academic programmes and teaching methods such as digital learning classes in Math and Science for first to eighth graders for its member schools. It has raised two rounds of growth capital from Lighthouse Funds and Belgium-based Verlinvest.

Also Read:

India: XSEED Education raises over $10m in Series B from Belgian Verlinvest

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.