Liquidity Events
Edtech co. Schoolnet acquires quiz-based learning platform Genius Teacher
Noida-based edtech service provider Schoolnet has acquired Mumbai-headquartered, quiz-based learning platform Genius Teacher in an all-stock transaction. Genius Teacher had raised about USD 3 million from investors such as Kunal Shah, Abhijit Bose, Lina Ashar, AngelList, and VKG Group. Its most recent valuation was around USD 6.3 million.Genius Teacher, founded by IIT Bombay graduates - Advitiya Sharma (CEO and Founder), Shashank Pachore, and Ruturaj Atre - was designed to enhance learning in maths, science, and English. The company claims to collaborate with over 50,000 government schools across seven countries, helping more than 25 million students and teachers.Schoolnet gains Genius Teacher’s private school market presence, AI-driven teacher and student apps, and aims to extend its reach to over 10,000 private schools by the fiscal year 2026-27.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
