Aspada invests $1.8 million in Policy Innovations
- Livemint" target="_blank">Livemint
- October 31, 2014
Mumbai: PI Policy Innovations Pvt. Ltd, a Secunderabad-based school test design and assessment company announced on Thursday that it has raised $1.8 million from Aspada Investment Co.
“Our customers hv been our 1st investors - and now great to have Aspada, our institutional investor, on board with us,” Naveen Mandava, co-founder of the company tweeted.
The company provides assessments, test design and feedback solutions for K-12 schools (sum of primary and secondary education) in India. It also offers formative and assessment question papers and answer booklets to schools for all subjects and personalised homework to students. The company was founded by Mandava and Varun Kumar in 2009.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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