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New Delhi, Sept. 18 Educomp, a technology driven education company also dealing in Education Process Outsourcing (EPO), on Tuesday announced that it has acquired 70.5 per cent strategic stake in Toronto based Savvicca Inc.

Savvicca is an e-learning company focused on web-based learning management and education communities. Savvicca owns a next generation platform for rapid creation and deployment of scaleable education communities.

Educomp’s investment in Savvicca is to leverage its Internet-based competencies in the areas of community building, online tutoring, web-based learning, and digital content.

Savvica Inc was founded in December 2005 with a mission to elevate online learning with Learning Management Systems (LMS) that are usable and intelligent. The company’s flagship and highly successful product Nuvvo, is an on-demand e-learning service designed for individual instructors.

Nuvvo also features e-commerce, which allows instructors to charge for courses. Instructors can list their courses in Nuvvo’s eLearning Market, an ebay-like listing site where students browse courses and request enrolment.

More Stories on : Mergers & Acquisitions | Overseas Investments | Internet | Education

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