Archive for the ‘India Education Industry’ Category

Educomp Solutions buys majority stake in Gateforum Educational Services

Comments Off | 03-1-2011

Educomp Solutions Ltd has bought a majority stake in Bangalore-based test preparation company Gateforum Educational Services Pvt Ltd. Gateforum provides preparatory tools for the Graduate Aptitude Test in Engineering (GATE), an entrance test for post-graduate courses in technical institutes such as IITs and NITs. Educomp’s expects the Gateforum investment to expand its presence and reach

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Pearson increases its stake in Bangalore India based TutorVista to 76 per cent

Comments Off | 01-20-2011

Pearson has increased its shareholding in Bangalore based TutorVista to a majority 76% controlling stake. Pearson, the world’s leading learning company, undertook the stake investment for a consideration of $127 million. Pearson first acquired a minority stake in TutorVista in June 2009, with this transaction hiking its total equity investment in the Indian firm to

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Investment potential as Indian Education industry expected to cross $50 billion mark by 2015

Comments Off | 05-27-2010

The Associated Chambers of Commerce and Industry of India in a last week’s report found that about 55% of the country’s middle class households have started saving for their children’s higher education. With education gradually being looked at as an investment as opposed to an inevitable expense, the higher education market size in India is

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