Skillful Craftsman to Acquire Controlling Interest in Singapore-Based URAY
Skillful Craftsman Education Technology agreed to acquire a 70% controlling interest in Singapore-based URAY PTE. LTD., which would become a consolidated subsidiary upon closing. The companies plan to combine AI technology with casual-game publishing and advertising monetization capabilities.
Why it matters — The proposed acquisition would expand EDTK into AI-driven game creation and global publishing, adding a new area of business to its operations.