Business Daily from THE HINDU group of publications
Monday, Apr 16, 2007
ePaper
Business Daily from THE HINDU group of publications Monday, Apr 16, 2007 ePaper |
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Info-Tech
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Software Educomp Solutions plans overseas foray Deepak Goel
New Delhi April 15 The Delhi-based Educomp Solutions is on its way to marketing its digital content products in Malaysia, Thailand and West Asia. It is also eyeing acquisitions in the US. The company plans to take its Smartclass (digitised content of school-level curriculum) to the two South East Asian countries and West Asia in six months. "We have signed partners in these countries and are working on alignment of our education offering with their respective curricula," said Mr Shantanu Prakash, Managing Director. The company is also looking at taking over "small and medium sized companies engaged in allied activities" in the US and India. It recently acquired 76 per cent stake in ThreeBrix E-Services Pvt Ltd, an online tutoring service provider. Without specifying sales target in these countries, Mr Prakash said that the overall revenue from international operations would not exceed 10 per cent of the topline. Educomp also plans to scale up its team for content development from 250 members to more than 400 by next March.
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