wordpress blog stats
Connect with us

Hi, what are you looking for?

Educomp sells majority stake in Gateforum to PE fund ASK Pravi

Gateforum

Educomp Solutions Limited-owned Educomp Online Supplemental Services Ltd sold its majority shareholding in Gateforum Educational Services Pvt Ltd to ASK Pravi Private Equity Opportunities Fund, the company informed the BSE. ASK Pravi Capital said they would look to leverage Gateforum’s GATE preparation platform and scale it to other test preparation spaces. The financial details of the deal were not disclosed.

Gateforum currently provides classroom-based and distance education courses exclusively for the GATE exam. The institution currently lists an ICP Plus program, which includes classroom coaching and online tutoring for GATE and a DLP Plus program consisting of distance learning modules, live streamed classes and online tests. It also provides an online platform ‘TarGATE’, for students to attend Mock GATE tests online and distributes live video lectures via its eGATE package. The institution also sells a self-branded tablet called the Gtab which comes pre-loaded with recorded lectures, GATE resources, e-study materials etc. on its SD card.

Gateforum claims to have 65 centers in the country catering to over 30,000 enrolled students. It also claims to have trained 1,20,000 students since its inception.

Other developments in the e-learning space:

Advertisement. Scroll to continue reading.

– The edutainment TV channel, Da Vinci Learning had partnered with Airtel Digital TC, Digicable and Siticable in January this year, to broadcast its content.

– In March, National Programme on Technology Enhanced Learning (NPTEL) had launched e-learning courses including courses on programming, data structures and algorithms in association with IIT and IISc.

– In the same month, JagranJosh.com launched a new initiative AskJosh which allowed students to interact with its experts via the messaging app, WhatsApp.

– School educational services start-up Zaya Learning Labs had raised an undisclosed amount of investment in May this year from Pearson Affordable Learning Fund.

-Careers360, a career counselling platform had raised an undisclosed amount from five angel investors in June this year.

Advertisement. Scroll to continue reading.
Written By

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

Views

News

While the market reality of popular crypto-assets like Bitcoin may undergo little change, the same can't be said for stablecoins.

News

Bringing transactions related to crypto-assets within the tax net could make matters less fuzzy.

News

Loopholes in FEMA and the decentralised nature of crypto-assets point to a need for effective regulations.

News

The need of the hour is for lawmakers to understand the systems that are amplifying harmful content.

News

For drone delivery to become a reality, a permissive regulatory regime is a prerequisite.

You May Also Like

News

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...

Advert

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...

News

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...

News

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
Name:*
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