S Chand And Company together with its wholly owned subsidiaries -- Vikas Publishing House and Chhaya Prakashani have completed the first tranche of investment of Rs 5.67 crore in iNeuron Intelligence (iNeuron). Against this investment the Company, Vikas Publishing House and Chhaya Prakashani have been allotted equity shares and Series A Compulsory convertible preference shares of iNeuron.
S Chand And Company is a leading Indian education content company in terms of revenue from operations in Fiscal 2016. It delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments.