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Aspada Investment Company has committed Rs 11 crore to Xamcheck, an independent third-party assessment, test design and feedback solution for K-12 schools.
Founded by Naveen Mandava and Varun Kumar and incubated within Policy Innovations, an education consultancy, Xamcheck will use the money to invest in back-end technology and to take Xamcheck to the thousands of under-served K-12 schools.
Mandava was a Doctoral Fellow at the RAND Graduate School of Policy Analysis, US, and Kumar, a graduate of IIT-Kharagpur, had worked earlier at ITC.
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