Educomp Solutions announced that it has acquired Singapore-based 'Ask n Learn', an education technology company, which will add 100 schools to Educomp's portfolio. The acquisition consideration is $3.88 million, besides options worth $0.68 million. In a related development, Educomp has also floated two arms - Educomp Infrastructure Pvt Ltd (Edu Infra) & Educomp School Management (Edu Manage) - in which the parent will pick up 69.38 per cent and 68 per cent, respectively.
Source: www.vccircle.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment