With this acquisition, SchoolNet gets the private school market presence of Genius Teachers and innovative AI-led teacher and student apps along with expanding its reach to over 10,000 private schools by FY 2027.

Unique Sharma, CEO and Founder, Genius Teacher, said, “Most companies are wasting investors' money and are still nowhere close to profitability, SchoolNet is an inspiration for a Make in India company and has made a huge impact in the lives of millions of teachers and students. Have inserted." , said in a statement.

The company mentioned that SchoolNet is operating at scale with revenues of Rs 429 crore and EBITDA of Rs 69 crore for FY2014. It offers its smart-class solutions and AI apps ecosystem to schools to improve student learning outcomes.

R.C.M. said, “We have worked with Genius Teacher for over a year and have been impressed by their A+ team and AI tech capabilities, we are confident they will strongly support us in our next phase of growth.” Reddy MD, CEO of Schoolnet India.

Genius Teacher, founded with 3 IIT Bombay graduates – Sharma, co-founders Shashank Pachore and Ruturaj Atre – currently impacts around 2.5 million students, covering CBSE, ICSE and 5 state board courses.