Ace Software Exports completed acquisition of remaining 49.62% stake in QeLearn Private Limited for ₹8.90 crore.
The acquisition makes QeLearn a wholly-owned subsidiary and was financed through proceeds from Rights Issue.
QeLearn operates in Ed-Tech with AI-driven learning solutions and reported ₹100.66 lakh revenue in FY2025.
The transaction diversifies Ace Software into fast-growing EdTech sector with strategic synergies.