India has a poor literacy rate and to counter this, the Government has embarked upon an ambitious drive to improve quality and accessibility through the Public-Private Partnership route. Brief upEducomp is the largest K12 education company in India. It serves approximately 8 million students and teachers worldwide, and employs over people.
Kaizen is leading the investment in one of the rare instances of overseas strategic investor partnering with a PE firm to invest in an Indian company. Educomp will continue to remain a shareholder in the company post transaction. This is the second such transaction by Educomp, which sold its 50 per cent stake in pre-school chain EuroKids International earlier this month.
The stake was sold to a consortium of financial investors, led by Gaja Capital Partners.
Shares of Educomp fell 4. This is the fifth investment by Kaizen and the first direct investment by Bertelsmann in India after the opening of a corporate centre last year.
WizIQ has over 2. The product is currently available in a freemium model and most of its revenues come from outside India.
The merger will help WizIQ reach out to a much larger audience than it could on its own, said a statement. The merger between the two firms is a stock deal. AuthorGen currently has offices in Chandigarh and Hyderabad. With clients in more than countries, WizIQ has already built a global product and we see exciting opportunities for the company in the future," he added.
WizIQ addresses the need of tutors to be able to teach remotely and the requirement of students to access best teaching resources around the world.
We see WizIQ addressing a multi-billion dollar market in the future and we are excited to become a partner in the company's growth," said Sandeep Aneja, founder and managing director of Kaizen Private Equity. Edited by Sanghamitra Mandal.Educomp smartclass is a flagship brand of Educomp Solutions, India's largest Education company.
Born in , Educomp smartclass has created shall we say, yet another divide of Have and Have Nots: schools that have Educomp smartclass and schools that don't. Educomp Solutions with Eurokids International ; Educomp Solutions with Eurokids International ; send me this sample. send me this sample.
Leave your email and we will send you an example after 24 hours SEND. How about make it original? Let us edit for you at only $/page to make it . Educomp Solutions on Tuesday said that it has completed sale of its entire 50 per cent stake in Eurokids International Ltd to a group of investors led by GPE India (an investor in .
Educomp categorized its offerings into business- to- business (B2B) and retail & consulting. Its B2B division comprised SmartClass, ICT and Professional Development products. Educomp's retail & consulting division included of Mathguru, ETEN, Millennium Schools, TMS, Vidya Prabhat schools, caninariojana.com, learnhub, RTW and EuroKids.
Educomp Smart Class- INDIA Educomp Solutions, the largest education services firm in the country. Educomp is a leader in digital content solutions for the K12 segment.
Founder Director of CoachVision Educomp Pvt Ltd, a company into training. Expertise in handling a diverse range of operations in Branch Banking like: Sales, Operations, Credit, FOREX,Compliance, Audit, Product Training and Customer ServiceTitle: Director-CoachVision Educomp. For reasons that remain shrouded in mystery, in July the Carlyle Group, a global private equity firm, sold its 16 percent stake in the education services company, Educomp, back to founder Shantanu caninariojana.comibly, Carlyle made the sale at a loss of roughly 94 percent on the $ million (Rs. 1, lakh) it had paid to acquire the shares in June Aug 17, · Educomp Solutions sales its entire 50% stake in Eurokids International Mar 26, at Educomp Solutions to sell entire 50% stake in Eurokids International.
Educomp smartclass is our teacher-led educational content solution that dramatically improves learning outcomes in Private Schools. Our International Schools have been. Euroschool Foundation is a Private incorporated on 20 May It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai.