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Career Point signs MoU to acquire Plancess Edusolutions

30 Jun 2017 Evaluate

Career Point has signed a confidential and exclusive Memorandum of Understanding (MoU) for considering possible acquisition of majority shareholding in Mumbai based Ed-tech company Plancess Edusolutions. The discussion between the two companies is in advanced stages wherein final execution shall be subject to due diligence, regulatory and other approvals, as applicable.

Career Point caters to the needs of a student throughout the life cycle of a student (KG. to PhD.), while operating in both the Formal and Informal education streams. In the informal Education system, the company has established a strong niche in test preparation and school curriculum tutoring.

Peers
Company Name CMP
Physicswallah 132.20
Crizac 185.25
Veranda Learning Sln 230.70
Zee Learn 6.74
CL Educate 54.71
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