Raybiztech acquires ERP product

Hyderabad-based IT services company, Ray Business Technologies Private Limited (Raybiztech) has acquired digital education ERP product- QuickEdmin, to strengthen its education technology competency.

Raybiztech's maiden acquisition in the education vertical will bolster its exisiting service offerings, thus deepening its presence in India outside of its largest markets in the US and Australia, the company said in a release. The company did not disclose the value of the transaction.

QuickEdmin, can be easily custmised to offer educational institutions the flexibility and scalability to manage all back-office operations seamlessly. Its modules support end-to-end processes for admissions, library, examinations, campus news, hostel, transport, events, attendance among other functions.

 

"The acquisition brings out the technical prowess and maturity of Indian digital ERP providers in the education sector that is pegged at $100 billion," said Ajay Ray, managing director of Raybiztech. The company have around 15 clients in education domain already in the US and Australia and was planning to add 100 schools and colleges to its portfolio in those countries, according to Ray.