Korea-based edtech startup Riiid Labs extends in Latin America; signs $3 million contracts for AI-powered training
Korean edtech startup Riiid Labs, the global branch of Riiid, a giant in AI education solutions, has recently signed a new collaboration contract worth around $3 million in Latin America. It has announced the partnership with Grupo INICIE, which is one of the greatest technology solutions providers for education in Brazil, and the other one is Casa Grande, which is the biggest education organization in Colombia and Puerto Rico. “We are excited to enter into the Latin American market with an outcome that can support approximately ten million learners plan for their college admission examinations. The goal is that this is the first actualizing action for global education professionals to rethink the common methods of learning,” said David Yi, CEO of Riiid Labs. This collaboration strives at giving learners a one-of-a-kind time-saving, customized and concentrated experience for their ENEM training journey.