Educomp Solutions’ (ESL) subsidiary - Educomp Infrastructure & School Management (EISML) in next couple of years, is planning to roll-out 100 new schools across the country entailing an investment of around Rs 1,500 crore.
The company currently operates 56 schools under three brands - The Millennium School, Takshila and Universal Academy. While, Millenium schools are targeted at TIER I and big cities, Takshila and Universal Academy will be opening in smaller cities.
The company will be entering into agreements with real estate owners and developers where infrastructure (land and building) would actually be owned by someone else while Educomp would come in only as school operator in providing practices, curriculum, content, teacher training, etc.
Educomp Solutions is engaged in providing digital educational content in the classroom through its patented product ‘SmartClass’ and ICT. The company is also engaged in providing vocational, higher education and professional development, K-12 schools and online, supplementary and global education business.
