Everonn Education is reportedly planning to set up 10-12 schools this fiscal and will inaugurate 40 schools in next five years. The company is expecting FY14 capex to be around Rs 70 crore. Meanwhile, the company’s test marketing of newly developed products is in progress.
Everonn Education is engaged in the development and sale of educational products and services for both Schools and Colleges. In addition to this, the company also has a network of retail centres (both own and franchise) through which it provides training to the individuals and also facilitates various organizations to conduct tests.