ACE Software Exports Ltd. to Acquire Theia Education Private Limited for ~12,55,80,000 and Fundraising of ~7200.00 Lakhs

ACE Software Exports Ltd. announced its decision to acquire Theia Education Private Limited for a consideration of ~12,55,80,000. Theia Education Private Limited is a futuristic education company that uses artificial intelligence to enhance the learning process. The acquisition is expected to provide strategic synergies, new revenue opportunities, and long-term growth potential to ACE Software Exports Ltd. In addition, ACE Software Exports Ltd. also announced a fundraising of ~7200.00 Lakhs through a rights issue to eligible equity shareholders.