Educomp to invest INR 255 crore in school venture

Educomp to invest INR 255 crore in school venture

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Educomp Solutions Ltd., an education company is planning to invest INR 255 million to set up 100 schools across the country.

The company will invest INR 55 million through equity in its subsidiaries, Educomp Infrastructure and Educomp School Management Company, while rest of the investment would be arranged through debt. The company is also entering into partnerships with real estate developers such as with the Delhi-based DLF Ltd that gives Educomp a preference to set up schools in all the townships that the real estate firms develops. These schools would be based on the Central Board of Secondary Education curriculum. The company has developed 'Learning Leadership System' that is a framework of intellectual property on how a school runs.

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