The wheels of the K-12 education market keep churning, even amid the ongoing pandemic and the political turmoil of the past few months.

There are indications that the bustling ed-tech space will remain very active for the near future, especially as remote schooling shows no signs of letting up.

Classroom management product provider Impero Software acquired Netop, an international  software company for the education and corporate sectors. Meanwhile, India-based Unacademy acquired a test prep startup, and a social-emotional learning startup raised $1 million.

A few highlights:

Impero Software acquires Netop.  Austin, Texas-based classroom management product Impero Software on Tuesday announced the acquisition of Netop, an international software provider for the education and corporate sectors.

Impero acquired the company from Consolidated Holdings A/S.

Impero said the acquisition will significantly grow its scale and presence in the U.S, and allow the company to serve customers in both education and corporate markets with a broader suite of offerings.

“I firmly believe that the acquisition of Netop will accelerate our ability to deliver innovative and market-disrupting solutions into the hands of those who need them the most,” Impero CEO Justin Reilly said in a statement. “We have a common history and complementary culture.”

The transaction is expected to close within the next four weeks.

SEL provider raises $1 million for national launch of new platform. Minneapolis-based EmpowerU on Tuesday announced a $1 million seed funding round, led by Twin Cities venture firm Capita3, to launch a personalized social-emotional learning product.

EmpowerU provides online skill-building sessions with daily one-to-one motivational coaching with trained therapists.

The company’s press release cites a recent Education Week survey indicating that 66 percent of high school principals are searching for effective solutions to battle escalating levels of student anxiety, avoidance and depression, and says it has improved students’ emotional well-being, attendance, and grades.

EmpowerU offers site-based licenses to schools and colleges.

“EmpowerU delivers transformational student support at a fraction of the cost of therapy,” company co-founder Katie Dorn said in a statement. “Although most students are unable to control their barriers, EmpowerU helps them navigate obstacles and come out the other side stronger. Students build hope that despite their difficult circumstances, they can feel better and thrive, today and in the future.”

Unacademy acquires test prep startup. India-based Unacademy has acquired test prep startup NeoStencil, Unacademy CEO Gaurav Munjal announced Dec. 30 on Twitter.

NeoStencil offers over 500 courses to millions of students.

“Our mission at Unacademy is to democratise knowledge and while we have set out firmly towards that goal, we have a long way to go,” Munjal tweeted. “We believe together we can create a huge impact and build products that help our Learners crack their goals.”

Egyptian ed-tech startup raises six-figure investment. Egyptian mobile startup app Akhdar raised a “six-figure” seed funding round from Egyptian venture firm EdVentures to help it further develop its product, Disrupt Africa reported.

Akhdar’s app features hundreds of videos for audio and printed books covering more than 16 different genres, according to the article.

“We are quite excited about the coming period,” Akhdar founder Mohamed Osama told the outlet. “Our new partnership with EdVentures will definitely add a lot to our business, especially with Nahdet Misr’s extensive experience in education and content creation.”

Indian financial services company acquires stake in K-12 school management platform. ICICI Bank will hold a 9.09 percent stake in India-based Myclassboard, Livemint reported.

The bank paid the U.S. equivalent of $45 million for the acquired stake of 100 equity shares of Myclassboard.

The transaction is expected to complete by the end of February, according to the article.

India-based curriculum startup app raises $4 million. Practically has raised $4 million in pre-Series B funding in a round led by deep tech investor Siana Capital, Elets reported.

Practically had raised a Series A round of $5 million in 2019.

The company provides an immersive learning app for children in grades 6-12 with a focus on STEM.

Practically will use the funding to expand its outside-India market within 12 months, according to the article.

“We are also aiming to expand operations in the Middle East and set foot into the US market in the near future,” Practically co-founder and COO Charu Noheria told Elets.

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