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inpeaks · 6 years

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India holds a prominent position in the global education industry. With more than 800 universities and 40,000 colleges, the country boasts of having one of the largest networks of higher education institutions in the world, with a large and growing population to cater to. To address the education requirements, India has followed a student-centric system of education, which has enhanced its learning outcomes manifold.

Drawing investments from both the government as well as the private sector, the Indian education sector has seen a major uptrend in the number of schools and colleges. The number of agricultural universities has also increased by 40 and surged to 75 in 2017.

As per the Department of Industrial Policy and Promotion (DIPP), the total amount of Foreign Direct Investments (FDI) inflow into India’s education sector stood at $ 1.67 billion from April 2000 to December 2017.

With more than 70 million students getting enrolled in less than two decades, the Indian education system has established itself as the leader in this space. It has also managed to create an additional capacity for over 40 million students. Surging with the same pace, the industry is expected to reach $ 35.03 billion in the upcoming years.

In addition to the growth of conventional education, India has also emerged as the second largest market for e-learning after the US. It spans over a network of more than 1 million schools and 18,000 higher education institutions. The market is estimated to witness approximately 8x growth in the next 5 years. This is sure to have a major impact on the country’s ed-tech market, which has a potential to hit $1.96 billion by 2021, with more than 9 million users.

A lot has changed over the last few decades wherein several domestic and international players have made their presence felt in the edtech industry.

Ventures like Educomp Solutions by Shantanu Prakash, Three Rivers Systems by Amir Tajkarimi, Adobe Systems by Shantanu Narayen have been instrumental in expanding the horizons of India’s e-learning segment significantly.

The growth of edtech could be attributed to Educomp Solutions, back in early 90s when it leveraged the benefits of technology in education, and launched its flagship ‘Smartclass’, a digital content library of curriculum-mapped, multimedia content in 2004.

At present, it has reached more than 12,000 schools across 560 districts in India. The company also has a striking success rate growing with almost 20 schools a day. The precedence of schools accepting technology to teach their students has further created a scope for app-based methodologies in the market where market players such as BYJUs are creating an impetus for schools and students to follow suit.

With students and educators embracing the convenience, expediency, and agility offered by technology-led learning, it has garnered large-scale acceptance across the country. This has further given birth to a number of ventures propounding online education.

However, despite the progress, there still lies a lot of scope for further development in the country’s education system. The government looks forward to increase its present Gross Enrolment Ratio (GER) to 30 per cent by 2020. This will further promote distance education in the country.

Furthermore, the adoption of online modes of education by a number of educational organisations will also entail a series of change and developments in the years to come.

The post Tracing the growth of education and training industry in India over the years appeared first on Digital Ideas.

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fapply-blog1 · 6 years

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Education Franchise Apply

https://www.franchiseapply.com/education/little-millennium-pre-school-franchise

Welcome to 'Little Millennium' - The Best Preschool Chain in India

Little Millennium is a part of Educomp Solutions Ltd, India's largest education company and the only firm intrinsically present in the entire educational ecosystem. Owing to it's scientifically researched and result-oriented approach, committed offerings and strong value proposition, Little Millennium preschool has become one of the fastest growing preschool brand in the country today, with 500 preschool centres across 100 cities having served over 50,000+ children till date. Little Millennium is among the very first structured, 'process & IP-driven' brands in the early childhood education space. Little Millennium preschools help children take the First Big Step into the world of structured learning. The core value proposition of the brand is in its unique curriculum and well-structured, organised pedagogy that has been developed by Educomp’s prestigious R&D department.

Here are the minimum requirements needed for you to become a Little Millennium franchisee:

(A)Love for childrens and budding learners

(B) Business Acumen with a long term vision in mind(C) Passion for Growth and Enterpreneurial Spirit(D) Investment Capability of Rs. 10 - 15 Lakhs(E) 2,000 - 2,500 Sq. ft of built-up area, preferably on the ground floor in a residential locality

Here are the minimum requirements needed for you to become a Little Millennium franchisee:

(A) Love for childrens and budding learners

Advantages of Brand Franchise :-

1 Opportunity to partner with Educomp, India’s leading education company and the inventors of

�� Smartclass

2 License to use Little Millennium Brand, the best preschool franchise in India

3 Access to Award Winning “Seven Petal” preschool curriculum created by child care experts

4 Marketing And Branding Support across the year to increase preschool admissions

5 Comprehensive Training across the year

6 Regular Academic Support to help the franchisee in implementing curriculum

7 Guidance on operating a Day Care Center and activity center

8 Guidance on Local Area Marketing idea sto maximise brand awareness

9 Access to IT/Software Systems to manage preschool operations

10 Guidance on additional Value Creation ideas like Summer Camps, Sports Curriculum, Sports Curriculum, Kids Marathon, Field-trips etc

11Support in preschool teacher selection, teacher training, performance monitoring and feedback

12 Quality audits and Personalised Support resulting in higher profits

13 Exclusive access to Educomp Smart Class and scientifically developed preschool curriculum

14 Leverage Little Millennium’s brand value in preschool center promotion

15 Access to expert advice for identifying suitable location, and setting up world-class preschool infrastructure

16 Expert advice on local area marketing to maximise brand awareness and attract more admissions

#franchise #franchise opportunities #franchise business #business ideas

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javleech-blog · 7 years

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New Post has been published on Jav Leech

New Post has been published on https://javleech.com/how-indian-training-businesses-tanked-due-to-unsustainable-commercial-enterprise-models/

How Indian training businesses tanked due to unsustainable commercial enterprise models

Shantanu Prakash changed into flying high in 2009. The founder and chairman of education tech firm Educomp Solutions debuted on the Forbes India Rich List that year with a net really worth of $920 million. Eight years later, he’s barely really worth $10 million and the employer is in a shambles. Prakash, fifty-two, is looking to revive Educomp, that is saddled with $320 million in debt. The agency says it’s far seeking to restructure under the country’s Insolvency & Bankruptcy Code.

The Gurugram company, founded in 1994 by the Indian Institute of Management grad, made it to Forbes Asia’s Best Under A Billion (BUB) list in 2008 and 2011, buoyed by way of its flagship product SmartClass. It rolled out virtual multimedia instructions to hundreds of schools throughout the united states. Educomp says it nonetheless reaches four million students and seventy-five,000 classrooms.

A 2008 Forbes Asia story at the than $1.4 billion (marketplace cap) company referred to the widespread “execution threat” that Educomp faced due to the high valuations. (The percentage rate becomes forty-eight times expected profits for that yr.)

The employer got into the hassle when it ventured into asset-heavy segments like offering computer systems to authorities faculties and putting in place brick-and-mortar K–12 faculties.

Educomp started buying computer systems for faculties below a build-own-operate-and-transfer version. The organization paid for the hardware in advance by means of taking over debt and planned to collect the cash over five years. But from 2010 to 2014, it became slammed with large-scale delinquencies, on the whole in tier 2 and tier three towns.

“The training enterprise is cyclical—however a publicly traded agency is generally predicted to develop its top line sector after quarter,” says Aurobindo Saxena, vice chairman heading the schooling exercise at Gurugram consultancy Technopak Advisors. (He’s a former Educomp worker and has additionally offered consulting offerings to the business enterprise.) “This brought about aggressive sales, and in certain instances, the creditworthiness of the shoppers may additionally have been unnoticed.”

Prakash became now not to be had for a remark. Other training agencies that made it to BUB inside the 2008–12-time frame—like Chennai’s Everonn and Edserv Softsystems and Mumbai’s Core Education & Technologies—additionally tanked because of unsustainable business fashions and mounting money owed. Trading has been suspended on all these stocks.

“Education as a zone changed into and is very appealing,” explains K Ganesh, a serial entrepreneur who co-based online schooling enterprise TutorVista, which he then sold to worldwide education important Pearson. “When these agencies debuted at the stock marketplace, there have been no indexed schooling players. The scarcity made the call for, valuation and market cap unrealistic. Both the euphoria that caused them to upward thrust to stratospheric stages and the subsequent gloom and doom aren’t justified.”

For instance, Everonn’s 2007 IPO changed into oversubscribed one hundred forty-five instances. It focussed on offering satellite tv for pc-based schooling. But in 2011, its founder, Kishore Padmanabhan, became arrested in an alleged bribery case. (Padmanabhan says he has pleaded now not guilty to the fee. The case is still in the courtroom.) Subsequently, Dubai-based entrepreneur Sunny Varkey stepped in and invested in Everonn, but the agency is now underneath liquidation.

While these BUB companies didn’t tap the capability of the growing training marketplace, a new wave of digital-education businesses at the moment are main the rate. Bengaluru’s Byju’s, which has a funding from Mark Zuckerberg and Priscilla Chan, serves hundreds of students with its apps and online publications. Simplilearn—out of Bengaluru and San Francisco—offers certification for professionals. The key distinction is that those privately held groups don’t have any steeply-priced property dragging them down.

Primary and Higher Education in Bangalore

Bangalore is a town within the Karnataka nation. It is considered because of the third biggest metropolis in India. It is the fifth-largest metropolitan place of India. The city is likewise known as “Silicon Valley of India” because of its leading IT (Information Technology) exporter. It became established in 1537 by using Kempegowda. Mr. Lakshinarayana is the commissioner of Bangalore metropolis. Bangalore is not handiest regarded for its IT enterprise, but also technical education. The town has many pleasant academic institutes inside the nation. The level of education may be very high as compared to different states of India. Most of the scholars pick Bangalore for his or her number one and better schooling. Its environment attracts quite a few students for exams. Students from all over the world are becoming training in the town. The surroundings of Bangalore is pleasant suitable for pursuing management courses.

About School Education in Bangalore

Bangalore has the large wide variety of establishments in Karnataka country. The town is famous for its number one (schooling) schooling. It is the hub of primary training in India. There are more than 2500 primary faculties and extra than a thousand high colleges. Most of the schools are affiliated with Karnataka Secondary Education Examination Board (KSEEB) and rest on them are affiliated to Central Board of Secondary Education (CBSE). Karnataka Board has the responsibilities of providing the syllabus, getting ready exam papers, inclusive of new chapters and statement of results in Bangalore town. Bangalore has many world-renowned primary and high faculties. The first English school become installed in 1842 by means of the British Wesleyan Mission in the metropolis. The first Bangalore High School started in 1858 by means of the Government of Mysore.

Higher & Technical Education in Bangalore

Bangalore University turned into installing in 1886 by AIU. It changed into the first college within the metropolis and greater than 500 schools are affiliated to the university. The university is the center of better training. The university gives extraordinary engineering, control, medical and non-technical diploma guides. Common Entrance Test (CET) is being carried out each year for admission in expert publications like Management, Engineering, Medical and Information Technology. Bangalore is also popular for its research institutes like The Indian Institute of Science, National Institute of Advanced Studies (NIAS), Indian Institute of Information Technology and Indian Space Research Organization. Bangalore is the best area for better schooling. The infrastructure of faculties in Bangalore draws foreign college students. Bangalore has emerged as the one-prevent destination for technical and higher education in India.

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lavleech-blog · 7 years

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How Indian training businesses tanked due to unsustainable commercial enterprise models

New Post has been published on https://javleech.com/how-indian-training-businesses-tanked-due-to-unsustainable-commercial-enterprise-models/

How Indian training businesses tanked due to unsustainable commercial enterprise models

The employer got into the hassle when it ventured into asset-heavy segments like offering computer systems to authorities faculties and putting in place brick-and-mortar K–12 faculties.

Primary and Higher Education in Bangalore

About School Education in Bangalore

Higher & Technical Education in Bangalore

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shantanuprakashnews-blog · 6 years

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Educomp Solution's Smart Classes : Reshaping the Education Industry

From the elementary smart classes by Educomp to the current shape and state of the education industry where several ed-tech startups and foreign players are vying for a slice of the education market in India.

On a growth spree, the Indian online education market is presenting a lot of opportunities to ed-tech players in the arena. The industry is expected to achieve the growth benchmark of $2 billion by the year 2021, a joint report released last year by Google and KPMG stated. The report also found that the paid user base for online education services will also grow at least by six times, if not more.

While the report’s findings are quite impressive, the online education sector in India didn’t always possess the same grandeur or even garner the same interest that it does now. Initiated in the 1990s, Smart Class by Educomp launched by Shantanu Prakash was the first venture that brought a large scale change in the education sector.

Educomp Solutions started off with the business of setting up and maintaining computer labs in private schools till 1999. The company’s business grew in 1999, when founder Shantanu Prakash decided to expand the trading operations by including CD-ROMs and educational toys. However, the biggest milestone in the company’s decades-long journey remains the introduction of Educomp SmartClass – a ‘one of its kind’ model that revolutionized the way kids learn things at school.

Since then, the Indian education sector has seen quite some growth in terms of development and innovations. Ed-tech service providers and a few players in the industry are giving a makeover to ed-tech wherein the capital demands and investments have brought India to the forefront in the space.

While still nascent, India is home to thousands of companies providing education technology services to schools as well as individuals, with over 900 managing to come up in the past 2 years alone.

The innate efficacy of the tech-driven setup is still a hot topic for nationwide debates, the ground report says otherwise. Surveys conducted with several participating students have shown that the students aided with online education and smart class were able to achieve a more profound understanding of the subject matter, as compared to the students who stuck to conventional methods of learning.

The investors are surely past the over-stretched debate, with big names like the Chan Zuckerberg Initiative, Tencent Holdings, etc., having opened their coffers to Indian ed-tech honchos BYJU’s and AEON Learning. And that’s not it. The FinTech sector in India has also embraced its educational counterpart, with indigenous digital lending platforms like Zest Money and FinMomenta partnering with players like Upgrad and Edureka.

The use of technology in an already tech-driven world is not the only reason why investors are attracted to the online education sector in India. Another driving factor remains the large and rapidly growing consumer base. There are about 409 million Internet users in India, a country with 46 per cent of its population in the age group of 15-20 years.

Apart from the increasing Internet penetration, the low cost involved in pursuing an online course, as well as the convenience, flexibility and personalization also attribute to the popularity of ed-tech among students. This, in turn, amounts to growing interest from investors.

While some educators perceive online education as a looming threat to the very existence of offline education system, CEO of Embibe.com Aditi Awasthi believes that the ed-tech sector will remain a fringe play in the face of traditional methods of education until it hits at the heart of what matters to the students – outcomes. “There has to be a clear RoI from consuming education through high-tech channels beyond mere convenience. Data science-driven personalization can make that happen,” she says.

#Educomp #edtech ventures #shantanu #shantanu prakash #education system #technology

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inpeaks · 6 years

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Success comes easy with an ardent zeal to excel. This is well-evident from the entrepreneurial journey of Shantanu Prakash, the founder of Educomp Solutions – who has ventured into every education-centric vertical.

Under the aegis of Shantanu Prakash, Educomp facilitated 250 pre-schools, 30 K-12 schools, seven colleges, 343 vocational training centres and 74 test preparation centres.

The company was one of the first to bring practical technology solutions right to the classrooms in Indian. Since then, the company has empowered millions of students all over the world as well as set a path for future education startups to work on.

Prakash has always advocated a ‘Smart Learning’ approach to bring about a change in the way education is imparted. His focus has always been on improving the “quality of education” and “access to education”.

“If I can use the ‘magical tools’ [computers] to liberate the child and make him break away from the drudgery of the classroom, I would accomplish something,” Shantanu Prakash says.

Born in Rourkela, Shantanu Prakash moved to Delhi after completing his Grade 10. He did his bachelors in commerce from Shri Ram College of Commerce, Delhi University. It was during the time when CBSE introduced computer science as a new subject in schools that Prakash saw immense opportunity in it.

“Fortunately, at that time, CBSE had introduced computer science as a new subject in schools and schools had no idea of how to set up a computer lab. I saw a great opportunity there and set up a small company along with another partner that helped schools build computer labs. I didn’t have formal training in computers or IT, but a good entrepreneur is the one who knows how to acquire knowledge even if she doesn’t have it. So I got other people who had that domain knowledge to do it for us,” says Prakash.

Shantanu Prakash started this business with almost zero capital. However, it garnered considerable success and grew to over 50-60 schools by the second year. The turnover increased to Rs 4-5 crore.

Prakash had a different plan for the future of his business though. He realized that the education sector had a more fundamental challenge, which was — how can you make children learn better? This is what led to the conceptualization of ‘smart learning’.

What was initiated by Shantanu Prakash’s Smartclass expanded into a full-fledged industry. Based on a similar concept, various companies forayed into the market either unearthing a whole new domain or filling the gaps in the already existing ones.

In his successful career spanning over several decades, Shantanu Prakash did not only foray into the education sector but also made significant contribution in to fostering an effective ecosystem for refugee entrepreneurship through his company RVentures Foundation.

Shantanu Prakash has also tied up with a number of renowned corporations, think tanks, policy makers, educational institutions and foundations to encourage and support entrepreneurship among refugees.

Based on migration-centric issues prevalent in war-torn regions, RVentures aims to give a future to aspirational refugees in different host countries.

The venture albeit on a very different tangent is based on the same belief system that served as the foundation for all his ventures – the idea that education can solve the biggest problems in the world.

The post From an ace education entrepreneur to promoting refugee entrepreneurship, Shantanu Prakash has come a long way appeared first on Digital Ideas.

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#IFTTT #Digital Ideas

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inpeaks · 6 years

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From an ace education entrepreneur to promoting refugee entrepreneurship, Shantanu Prakash has come a long way

Under the aegis of Shantanu Prakash, Educomp facilitated 250 pre-schools, 30 K-12 schools, seven colleges, 343 vocational training centres and 74 test preparation centres.

“If I can use the ‘magical tools’ [computers] to liberate the child and make him break away from the drudgery of the classroom, I would accomplish something,” Shantanu Prakash says.

Shantanu Prakash started this business with almost zero capital. However, it garnered considerable success and grew to over 50-60 schools by the second year. The turnover increased to Rs 4-5 crore.

Based on migration-centric issues prevalent in war-torn regions, RVentures aims to give a future to aspirational refugees in different host countries.

The post From an ace education entrepreneur to promoting refugee entrepreneurship, Shantanu Prakash has come a long way appeared first on Digital Ideas.

source https://www.inpeaks.com/2018/08/24/from-an-ace-education-entrepreneur-to-promoting-refugee-entrepreneurship-shantanu-prakash-has-come-a-long-way/

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