City-based IT services firm Ray Business Technologies (Raybiztech) has acquired Digital Education ERP product - QuickEdmin, to strengthen its ED-Tech competency. According to a statement issued by Raybiztech today, the maiden acquisition in the education vertical will bolster its existing service offerings, thus deepening its presence in India outside of its largest markets in the United States and Australia. QuickEdmin, an Educational ERP, can be easily customised to offer educational institutions the flexibility and scalability to manage all back-office operations seamlessly, the release said. "The acquisition brings out the technical prowess and maturity of Indian digital ERP providers in the education sector that is pegged at $100 billion," said Ajay Ray, Managing Director of Raybiztech. QuickEdmin draws on the team\u2019s 60 plus years of experience in education to offer 23 modules that cater to 90 per cent of the enterprise life-cycle requirements of all educational institutions which make the product universally deployable in India and other mature markets including the US, Australia and Canada, through minor customisations, it added.