Thursday, July 24, 2008

Educomp Solutions To Acquire A-Plus Education Solutions - July 24, 2008

Educomp Solutions has announced the acquisition of a strategic stake in A-Plus Education Solutions. Educomp will invest Rs 10.75 crore over the next two years to acquire a 76% stake in the company.

The company operating under the brand name of purple leap focuses on the area of improving the employability of college graduates.

The company will focus on preparing students currently studying in over 15,000 colleges in the country and will make them workplace ready.

Educomp will leverage its very large customer base across 5 million students in India, going upto 10 million by financial year 09-10, who face a dilemma to decide a career after they graduate from high school.

Educomp will offer best-in-class career options for students so that they are economically empowered as well as are able to feed India's large and growing talent gap.


The company made this announcement during the trading hours today, 24 July 2008.

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