Core Education Listed in Forbes Asia’s 200 Best under a Billion

Core Education and Technologies Ltd has been listed in Asia’s 200 Best Under A Billion. To be considered companies must first generate annual revenue between $5 million and $1 billion (U.S.), have positive net income, and have been publicly traded for at least a year. Sales of this year’s 200 SMEs from 15 countries on the list grew an average 48% last year and generated $47 billion in revenue while employing over 370,000 people. Comparatively, the Asian Pacific outfits on the Global 2000, the list of the biggest public companies in the world, grew an average 13 percent in the last year.

Core Education and Technologies Ltd (CORE) formerly Core Projects & Technologies Ltd focuses on providing technology-enabled education solutions to government bodies, schools and students. The company operates in two segments: Local-Software Development India and EOU-Software Development. EOU-Software Development is classified into Off-Shore Development and On-Shore Development. The company has operations in 12 states in India, over 20 states in the United States, 40 educational counties in the United Kingdom, eight African countries and three Caribbean nations. In September 2010, it acquired Technical Systems Integrators LLC (TSI) and Keenan, Keenan & Associates Inc.

Listed on the Bombay Stock Exchange and National Stock Exchange, Core works with more than 34 million students worldwide. It has trained and placed 105,000 teachers and partnered 85,000 schools across the world. As at March 31, 2012, it operates across 36 offices in 13 countries with over 2,200 employees worldwide.

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