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Educomp in talks with US-based company for stake sale: Report

01 Apr 2014 Evaluate

A US-based company is reportedly in advanced talks with Educomp Solutions to acquire majority stake in the company. In 2013, Educomp made two exits in what it calls non-core segments.

Earlier this year, the company sold its entire 50% stake in the vocational training firm IndiaCan, to its joint venture partner Pearson. In March last year, they completed the sale of 50% stake in Eurokids International to a group of investors led by GPE India.

Educomp Solutions provides learning solutions to schools, governments, teachers, students and parents. It has research and development center located at Noida that creates quality products and services. The solution is based on education principles that help them to design education systems.

Peers
Company Name CMP
NIIT Learning System 223.60
Aptech 87.90
NIIT 87.30
Excelsoft Tech. 79.48
Compucom Software 12.83
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