Money to invested in backend technology and expanding operations. Secunderabad-based PI Policy Innovations Pvt Ltd, the company behind Xamcheck , an independent third-party assessment, test design and feedback solution for K-12 schools in India, has secured Rs 11 crore ($1.8 million) in funding from Bangalore-based early stage investor Aspada Investment Company. “The vast majority of schools do not offer personalised learning or use feedback from exams to remedy learning deficiencies. With Aspada’s investment, we will continue to invest heavily in our backend technology, while also focusing on achieving significant scale in bringing Xamcheck to the thousands of underserved K-12 schools in India,” said Varun Kumar, co-founder of Xamcheck. The company was founded by Naveen Mandava . Mandava was previously a doctoral fellow at the RAND Graduate School of Policy Analysis (US), while Kumar is a graduate of IIT Kharagpur and earlier worked at ITC. Xamcheck off...
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