Acquisitions3 Feb 2026, 07:25 pm
ACE Software Exports Ltd Completes 50.38% Acquisition of Theia Education Private Limited for Rs. 9 Crores 39 Thousand
AI Summary
ACE Software Exports Ltd has completed the acquisition of 2,62,000 equity shares of Theia Education Private Limited, representing 50.38% of the fully diluted equity share capital of TEPL. The acquisition was financed through the net proceeds derived from the Rights Issue. TEPL is a futuristic education company that uses artificial intelligence to enhance the learning process. The acquisition provides strategic synergies, new revenue opportunities, and long-term growth potential for ACE Software Exports Ltd.
Key Highlights
- ACE Software Exports Ltd has completed the acquisition of 50.38% stake in Theia Education Private Limited
- The acquisition was financed through the net proceeds derived from the Rights Issue
- TEPL is a futuristic education company that uses artificial intelligence to enhance the learning process
- The acquisition provides strategic synergies, new revenue opportunities, and long-term growth potential for ACE Software Exports Ltd
- Theia Education Private Limited is a company incorporated in 2023 with a turnover of Rs. 100.66 Lakhs in FY25 and Rs. 197.88 Lakhs in FY24