wordpress blog stats
Connect with us

Hi, what are you looking for?

Info Edge To Pick Up 40% Stake In Educational Content Company Applect For $1.5 Million

I just spoke to Hitesh Oberoi, COO of Info Edge, who informed me that Applect is founded by Ritesh Hemrajani and Pavan Chauhan, both with experience in the education segment. Applect will be launching a separate site focused on e-learning (not Shiksha). Applect has been doing mostly offline work, and offshore development, and has the capacity and staffing to develop content. “They understand content and education business, we understand online. The initial job will be to take the tests and content online,” said Oberoi.

Original story: Info Edge India has informed the BSE that they intend to pick up 40 percent stake in educational content company Applect Learnings Systems, for a total of Rs. 6.5 crores (around $1.5 Million). So far, they’ve already invested Rs. 1 crore (around $235,000). Applects website doesn’t mention its founders, only “Applect’s management team comprises MBAs from the IIMs…cumulative corporate experience of more than 35 years in the education industry.” Some key points about this investment:

— Why Applect: Applect provides content development services for the K-12 segment (literally – KG to Class 12), which is essentially pre-college. Two of their products – Career Assessment Program (CAP) and Test Prep – UG (for entrance exams for BMS, BBS, BBA, LAW, IT, HM, Mass Communication) – will fit in well with Info Edge’s educational portal Shiksha.com.

— Growing Significance Of The Educational Segment: Take a look at last few significant announcements from Info Edge – the investment in Applect, the previous investment of $3 million in Study Places Inc alongwith KPCB and Sherpalo, and the launch of the launch of Shiksha.com indicates that education is emerging as a key segment for the company.
— Delhi Location: Appelect Solutions operates out of Delhi, while Study Places Inc operates out of Gurgaon, both in close proximity to investor Info Edge.

Disclosure: I own an inconsequential number of shares of Info Edge India Ltd

Advertisement. Scroll to continue reading.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.


Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.


This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.


It is widely argued that the PDP Bill report seeks to discard the intermediary status of social media platforms but that may not be...


Looking at the definition of health data, it is difficult to verify whether health IDs are covered by the Bill.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ