CoCubes Acquires VCS Tech Solutions – A College ERP provider start-up (Edcited.com)
New Delhi, April 2015: CoCubes, India’s largest assessment and campus hiring platform today announced its acquisition of Edcited, ERP solutions provider for schools and colleges in an undisclosed deal for majority stake.
Edcited offers cloud based ERP solutions for schools, colleges and coaching institutes. Its flagship solutions allow for seamless integration of management, students, faculty and students and this enables institutions to deliver curriculum, operations managements and real time updates of student info to parents.
Harpreet Singh Grover, Co-Founder & CEO of CoCubes said, “This is an acquisition to strengthen our technology team. We have been growing at a fast pace and constantly working on making online assessments more scalable and secure. Also with Edcited on board we will have access to a very strong technology team and this deal will help us pace our targets faster. Edcited team’s experience in making B2B products will help us scale faster
Rahul Chaudhary, Co-Founder and CEO said, “We have a very talented team working on Enterprise and SaaS products for education sector. The vision of Edcited has always been to create smart solutions for the education industry and we strongly believe that this partnership will take us one step ahead on the curve and would further strengthen our resolve”
Arpit Mittal, Founder & CTO of Edcited said, “We are very excited to begin this new journey with CoCubes and congratulate all the stakeholders on this successful endeavour. With our capabilities combined we look forward to achieve new milestones and create advanced and optimal solutions together. We wanted to be part of the company that has best understood the talent and capability of what we do.”
CoCubes works with 450+ corporate across fresher’s and lateral’s, 2600+ colleges, and 1 million+ students through assessment platform running > 500,000 assessments each year in 250+ cities. Thus everyday helping our corporate get greater control and transparency, helping our institutional clients measure and improve employability and helping students move ahead on their career path.