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Follow on Google News | Practically acquires Fedena school ERPPractically acquires Fedena school ERP, becomes world's first company with a comprehensive EdTech product suite
Practically, recently recognised as a 'Minicorn' by Tracxn, has carved a niche for itself in the immersive learning space for students through the use of artificial intelligence (AI) and Augmented Reality (AR); Fedena on the other hand 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, by 20 million users in 20 different languages spread across 180+ countries with India, Middle East, Africa and SouthEast Asia being the major markets. Through its commercial and customized offerings, Fedena has served 1000+ education brands globally. Commenting on the acquisition, Ms. Charu Noheria, Co-Founder and COO, Practically, said, "We are thrilled to announce that Practically has become the world's first most comprehensive edtech product suite. Fedena is a globally recognized 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." "Practically has meticulously built a strong presence in the school education space in India and the Middle East, gradually expanding to other territories as well. We have shared synergies of bringing the best of technology to schools across the globe. We are happy to contribute and be part of Practically's vision of creating the most innovative edtech 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 of Fedena (Foradian Technologies) About Practically Founded in 2018 by Mr. Subbarao Siddabattula, Founder & CEO, Ms. Charu Noheria, Co-Founder & COO, and Mr. Ilangovel Thulasimani, Co-Founder & CTO, Practically uses next-generation interactive methods, such as Augmented Reality (AR), Simulations and 3D videos for an enhanced learning experience. It is an intelligent, interactive and immersive learning app for students of classes 6 to 12 with a focus on STEM learning. End
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