Ace Software Exports has successfully completed the acquisition of the remaining 2,58,000 equity shares, representing 49.62% of the fully diluted equity share capital of QeLearn (Formerly known as Theia Education), for a total consideration of Rs 8.90 crore. As a result, QeLearn has now become wholly owned subsidiary of the Company.
The acquisition of QeLearn has been financed through the net proceeds derived from the Rights Issue, in accordance with the company’s Letter of Offer dated November 14, 2025. The acquisition of QeLearn enables Ace Software Exports to diversify into the fast-growing EdTech sector. Its AI-driven learning solutions complement company’s technology expertise, providing strategic synergies, new revenue opportunities, and long-term growth potential.
Ace Software Exports is mainly engaged in the business of creation of Database. The company has been active in catering to the outsourcing needs of publishers and other organizations.
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| Infosys | 1116.45 |
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