Company Overview
The group is one of the most trusted and critically acclaimed conglomerates in central India with institutions offering schooling ranging from K-12 to undergraduate and postgraduate courses. At present, it includes 24 institutes and 2 universities spread across 7 cities and hosts over 25,000 students. Apart from education, the group also has a strong foothold in construction, manpower services, and real estate.
- Important factors that have contributed considerably to the group’s success have been providing quality education with up-to-date curriculums and a healthy mix of theoretical knowledge as well as practical applications, state-of-the-art infrastructure, a plethora of courses and structured placement cell lending comprehensive assistance and guidance.
- The institution provides necessary skills to its students through workshops conducted by training partners such Mahindra, Yamaha, Ashok Leyland, and Bosch.
- Over 50% of the revenue generated comes from the educational sector and consolidated FY19 EBITDA, net profit and finance costs were USD 4 million, USD 2 million and USD 2 million respectively.
- Over the next five years, the group plans to focus on developing pedagogic skill in every subject, a mechanism for training young faculty members, and the integration of ICT and skill-based learning and teaching.
- Rapidly changing age demographics in the country coupled with the GOI’s incentives have pumped up the demand for education and the sector is expected to experience a huge boom with 500 million+ in the age bracket of 5 to 24.
- Private Equity and Venture Capital funds invested in excess of USD 500 million in the education sector in India in FY19.
Product or Technology Overview
The group offers over 150 different courses. Some of them are listed below-
- Engineering (Diploma/UG/PG/PhD): AI, Data Science, Civil Engineering, Computer Science, Electrical Engineering, Electronics and Telecommunications Engineering, Mechanical Engineering, IT and Communication
- Management (UG/PG): Arts, Commerce, Computer Application, Business Administration
- Others (UG/PG): Agriculture, Pharmacy, Fire Engineering, Forensic Science, Hotel Management, Law
- New courses to be introduced over the next five years include: Artificial Intelligence, Liberal Arts, Hospitality Management, Forensic Sciences, Family Business Management, Nursing, Film and Television, Paramedical, Data Science, Business Analytics, Healthcare Management, Animation, and Logistics Management
What the Company is looking for?
Target Country:
Opportunity:
The company is looking to raise equity worth USD 30 million from a strategic investor by divesting significant minority stake to restructure its capital allocation and expand its business operations. The management would be willing to discuss ceding control of the organisation if a suitable strategic partner sharing the group’s goals and visions is found.
SHOW INTEREST
