Inflation forces IIM to hike fees
OUP launches interactive English course for school students
Oxford University Press (OUP) has launched ‘Echoes’, a 10-level interactive English course that focuses on everyday communication and aims to develop listening-speaking skills of students across India. This special course was introduced for high-school students keeping in mind how they can use English to benefit their academic, social and career prospects in a global context.
Inclusion of interactive methods and techniques in the course will help students to speak fluently. Audio CDs are part of this course which will also help students gain confidence to face social situations and improve their academic performance.
Teaching pronunciation of words, words stress, sentence stress, pauses in long utterances, intonation are all part of this course.
Apart from Bangalore teachers, teaching faculty from National Public School, Delhi Public School, KLE group of schools and Sindhi High School were also present during the workshop.
OUP Managing Director Ranjan Kaul stated that when it comes to choosing comprehensive course for students of classes 1 to 10, Echoes focuses on enhancing oral communication skills of students. Kaul added, providing quality material to meet the requirements of both the teachers and learners is their first priority.
Heralding A Digital Revolution :: November 2014
Guest Editorial
Preparing India for the Future
Editorial
Shaping India, Shaping the Future
Cover Story
Heralding a Digital Revolution
Advertorial
Development Initiatives: The Pathway to ‘Skill India’
Exploring the possibilities with Online Education
Leader Speak
‘I expect wonders over the next three years’
‘Education policy needs structural changes’
‘Capacity building of teachers needs top priority’
‘Increasing GER without Employability Unwise’
‘Motivated Teachers are what We Lack’
‘Digital India should begin with higher education’
Higher Education
Corporate
Industry Speak
‘Resistance to change and mindsets key roadblocks’
‘Document security a global issue’
‘Skill Development is not aspirational’
‘Digital India needs Champions to Drive it Forward’
Company Profile
Bringing World-Class Education to India
Special Feature Pre Schools
‘No clear policy for standalone preschools’
‘Future holds tenfold growth in the organised sector’
World Class Education for Kids
‘Parenting is becoming more outsourced’
Structured approach to learning concepts
‘Preschools should not be Regulated’
‘Venture Capital Funds should be seen with Caution’
‘Child is the Centre of our Universe’
‘Aim to reach small towns of India’
‘Regulations should not Act as a Disincentive’
‘SMARTKiDZ Perfect for My Mission’
Lead Feature
Providing Holistic Development
Providing Holistic Development
Genesis of the Group
SMARTKiDZ is a chain of Preschools, incorporated in the month of January 2008 and is an ISO 9001: 2008 certified company by TUV of Germany. It is a Hyderabad’s based organisation, hence we established franchisees initially in Hyderabad and gradually expanded all over South. Today we have 100+ franchisees across South and 185+ franchisees pan India. The main motive of the organization is to provide best educational experience and quality to the children.
School’s Philosophy
Every child is a unique individual and they develop at a different pace. Children should learn in a safe, child centered environment through exploration and a variety of open ended activities. We ensure that the children learn in an friendly envirnoment where they develop social, physical, emotional, spiritual and intellectual skills to meet the challenges ahead.
Year of Inception: January 2008
CEO: Mr. A. S. Ganesh
Age: 53
Educational and professional background:
Mr. A. S. Ganesh, is a Science Graduate and Post Graduate in Business Management. His last assignment in India was with a multinational oil company as an Asst. Vice President. He has an overall work experience of over 25 years in India and abroad in the field of sales & marketing. He has also worked as a marketing consultant for an NGO.
Head Office & Address:
Smartkidz Educare India Pvt. Ltd
Plot No. 97, Phase I, Gunrock Enclave, Near Mudford, Secunderabad – 500009.
Contact No: 040-27498117 / 118
USP of the Group:
The USP of SMARTKiDZ is the methodology and the curriculum that we follow. The curriculum is designed by keeping in mind the syllabus for CBSE, ICSE and SSC curriculum. This would ease the process of admission of the child for higher classes. The curriculum is followed uniformly in all our schools which would be helpful for the inter-school transfer across any state. The other unique offer from Smartkidz is that we provide value based education which is part of our curriculum.
Funding Source: Own
Is any VC or private equity involved: NO
How many franchisees are under you? 185+
Expansion programme:
Today we have 185+ franchisees in 13 states i.e. Telangana, Andhra Pradesh, Karnataka, Maharashtra, Uttar Pradesh, Odisha, Kerala, Tamil Nadu, Bihar, Pondicherry, Madhya Pradesh, Gujarat & New Delhi. Every year there has been a tremendous growth by making our presence in new States. We had been growing at 40 – 50 per cent per annum. We plan to make our presence in all the remaining states also.
New Education Verticals: Taken over and existing formal school
Requirements for taking up franchisee with your group:
Area: 2000 sq ft & above
Investment capacity: Rs. 7 – 10 lakh
Aspiring individuals having flair for kids and a burning desire to be an entrepreneur
Deliverables for the Franchisee owner:
Training – An intensive training is provided to the center head’s and the teachers which help them to carry out their day to day activities. They are also trained on the curriculum, events & celebrations. Positive Parenting Workshops are conducted for effective rearing of the child.
Marketing– Pan India advertisement support including all the designs are provided to the Franchisees along with the guidance for carrying out the marketing activities.
Ongoing – Support for the complete school set up, technical support and day to day support for the smooth running of the school successfully.
Branding – We carry out different activities for branding like news paper advertisements, online marketing ( SEO – for Google search), magazine advertisements, etc.
Website: www.smartkidzindia.com
‘SMARTKiDZ Perfect for My Mission’
Excellent curriculum, efficient management and the right ideologies are what attracted C Gayathri Jitendra to SMARTKiDZ. Five years as Center Head of the Bachupally franchise, she says she is proud to be part of this thorough and professional early childhood educator
Why did you get into preschool education?
Education is my passion. As I saw my children growing, I learnt many things myself. Their inquisitiveness made me realise that with little guidance, they could do wonders. With this inspiration, I thought of running a preschool where I can help and guide other children in the right direction and in turn, help the nation by nurturing future ambassadors. I believe a preschool is the only place where we can give the right morals, values and make children aware of traditions and culture from an early age. I believe one must have a strong foundation for a long-lasting impression.
Why Smartkidz?
I found SMARTKiDZ perfect for my mission as it is managed by efficient and capable directors. The quality of education and the ideologies are very well-suited for training preschool children.
What is the amount you invested?
The amount invested has been spread across couple of years. As it stands, school has become capable of handling its routine expenses without any external financial assistance.
What is the royalty paid by you to your franchisor?
A total of 15 per cent royalty is paid by the franchisee with extra service charges. I feel it is reasonable for the quality they provide.
How long have you been with Smartkidz?
I have been working with SMARTKiDZ as Center Head for the last five years and am proud to be part of this thorough and professional early childhood educator.
What is the assistance you get from your franchisor?
SMARTKiDZ provides all guidelines throughout the year which includes training teachers, center head in handling and guiding the tiny tots in a professional way. The training includes personality development, enhancing extra-curricular activities, motor skill development, special care for overactive and differently abled children, organising special events, child care, child safety, and new methods of teaching.
What is the curriculum prescribed by Smartkidz? Are the academic guidelines sufficient? Are you allowed to experiment?
One of the main reasons I choose SMARTKiDZ is for its excellent curriculum. Due to this prescribed curriculum, I have witnessed oustanding performances by children at school. Writing and reading skills have been introduced with easy and playful methods. Many concepts have been introduced through moral stories, pictures flash cards and puppet shows. Practical knowledge is gained trough field trips. Animated audio visual sessions help children learn concepts easily. Focus and concentration of the child is developed through various motor skill development activities. As we all know, every child is different in his/her pace of learning. The curriculum is well designed to bring all the aspects of early childhood education. New technologies, teaching methodologies and creative ideas are encouraged to promote positive outcomes to their learning and behaviour.n
‘Regulations should not Act as a Disincentive’
Growing at an annual rate of 20 to 25 per cent, things are certainly looking up for the preschool industry in India. In conversation with ENN, Raman Bajaj, Managing Director – Educomp Childcare Pvt. Ltd, says that the industry today needs correct, meaningful and easily implementable regulation
What are the current trends in the preschool business in India?
Preschool is a nascent market in India, with many families only now beginning to enroll their children for preschool education for the first time. The Indian consumer is becoming highly aware and conscious about the importance of early childhood education as the building blocks (foundation) of learning for future years. There is an increasing demand for scientifically developed preschool curriculum (not just “any” special curriculum). Preschool is a fast growing sector, growing at a CAGR of 20-25 per cent. Within the sector, the ‘organised/ branded’ preschools segment is growing very rapidly at a CAGR of 40-45 per cent, and is one of the fastest growing segments in the education space. Our preschool brand Little Millennium is one of the fastest growing chains of preschools in India with over 250 preschool centres now operating across 65 cities.
What are the different models in preschools? Is any model better over others? Why?
A preschool can be set up either in a franchise model or on one’s own. There are several advantages of franchising which are difficult to come by for entrepreneurs who choose to set up on their own. For example, franchising provides access to a well established brand, access to a scientific well-designed curriculum faster time to launch, proven methodology/ track record, access to established processes & systems, ongoing support & training and ongoing R&D and innovation, among other benefits.
What is the role of franchisee in preschool education in India?
What are the trends? Preschool education needs to be available in every neighborhood, as children in that age cannot travel long distances. Preschools need to be present in every neighborhood, every locality of every city. This is why the role of individual entrepreneurs who take up a preschool franchise, becomes extremely important. It is these franchisees who make it possible for structured and researched preschool curriculum to reach the millions of children all over the country. We are seeing very encouraging growth trends in the market. We are witnessing a rapid spread of organised preschool education to tier II and tier III markets. We are also seeing that more and more women entrepreneurs are coming forward to start preschools. For example, across the chain of Little Millennium preschools, almost 85 per cent of the centres are run by women franchisees.
In view of increasing need for preschools across the country and classes, do you think it should be regulated?
Regulation is not necessarily a bad thing, but what we need is correct, meaningful and easily implementable regulation. We need to work on creating awareness amongst parents regarding importance of early childhood education and improving quality by adhering to minimum quality standards of delivery. We need to work along with regulatory authorities towards regulations that are in the best interests of all stakeholders. There is an increasing demand for preschool education across the country and regulations should not act as a disincentive for education providers to create the supply.
What is the investment required for starting a preschool? How lucrative is the business of preschool business in India?
One of the significant benefits of starting a preschool venture is that it requires low start-up investment. As a result, a well-run preschool can offer high return for the franchisee. The business also has a high operating leverage as franchisees can operate multiple revenue streams form the same fixed cost base (e.g. several preschools offer daycare service as well, as the two go hand in hand). This is also one of the best ventures of owned property centres. Overall, it’s a very lucrative business opportunity for entrepreneurs.
Are franchisees paying a higher royalty in preschools and schools compared to those in professional education?
No.
How many franchisees are planning to continue this business in the long term and what percentage of them are planning to start up their own businesses since they have gained enough expertise and exposure through this opportunity?
Most of the franchisees that we have been working with, plan to continue this business in the long term and a large percentage of them (about 90 per cent) plan to continue the business in partnership with us. The key reason behind Little Millennium partners choosing to continue the partnership even after the contract term is the continued value that we provide on an ongoing basis. Franchisees also see a lot of value in continuous up-gradation of curriculum, access to software systems and process, access to R&D & innovative teaching aids and creative and impactful communication strategies.
Is the franchisee fee higher in preschools as compared to other education verticals?
No. Franchisee fee for preschool segment are the lowest compared to other verticals.
Please take us though different steps of setting up a preschool.
We guide our franchisees at every stage of centre setup and ongoing centre operation. We engage with them right from finding and finalising a suitable location for the preschool, designing the preschool, recruitment of teachers, training, designing the marketing communication, ongoing quality audit, regular training, monitoring and support to ensure the success of the preschool centres
‘Aim to reach small towns of India’
Profile Format
The flagship 2 centres (an urban centric model and a district centric model) of the brand has been launched in Bhopal
E Mail – brainybear@aisect.org
‘Child is the Centre of our Universe’
Backgroup of the Group
Zee Learn Ltd owes its beginnings to a belief in the Essel Group and that of our Chairman Mr. Subhash Chandra that India’s future can be brighter only if quality education is imparted to its future generation to help prepare them to take on every challenge that tomorrow might throw at them. Started in 1994 with this belief, Zee Learn Ltd is a leading educational organisation from the group with strong brands that have delivered success, respect and immense satisfaction to all our parents, students & franchisees. It is a public listed company and addresses educational and learning requirements right from the age of 1.5 years till a child turns into a confident adult ready to take on the world of tomorrow.
Genesis of the company
The purpose of Zee Learn is to help deliver best in class education and learning to our children so that they in turn can help India achieve its true potential from its demographic dividend. However, we saw a big gap between what education needs to do to prepare leaders and visionaries of tomorrow and what is being delivered. We at Zee Learn aim to bridge this gap by improving the human capital by helping individuals realise their unique potential through quality education and development.
It is this excellence and belief that has helped us scale new heights and spread quality education across 550 cities and towns. In some of our markets we have had to go out and educate people about the importance of preschool and that of Early Childhood in the shaping of a child’s future. Our PreSchool brand, Kidzee is today Asia’s largest Pre- School network with over 1350 Centres. Over 400,000 children have been enriched with an experience called Kidzee. Global learning and research helps us stay ahead of the curve and our roots in India help us contextualize it for the Indian audience thereby creating a unique learning experience through our Trademarked Pedagogy – iLLUME.
We are also one of the leaders in the K-12 Education segment with over 80 operational schools across India by the name of Mount Litera Zee School.
ZICA & ZIMA offer vocational courses for youth. We have also recently launched Mount Litera School International (IB School) in Bandra Kurla Complex, Mumbai as part of our commitment to offer the finest quality education across different segments and age groups.
Number of franchisees
We currently have 1350 operational Kidzee preschools which is incidentally Asia’s largest preschool network and have 150 signed up Mount Litera Zee Schools across the country.
Year of Inception: 2003
CEO: K V S Seshasai
Educational and professional background: BE, IIM
Head office: Mumbai
Address: Fun Republic, 6th Floor, Link Road, Andheri (west), Mumbai – 53
USP of the group:
While Excellence is at the core of our brands, one key aspect is that for us the “Child is the Centre of our universe”. We follow a philosophy of “What’s Right For The Child” and keeping that in mind, we have designed our curriculum and activities that go beyond the routine and make learning fun and engaging.
‘Preschool Witnessing Influx of Women Entrepreneurs’
There is a growing global interest in the booming Indian preschool market. In conversation with ENN, K V S Seshasai, Chief Executive Officer, Zee Learn, says though VCs’ interest is no surprise, it should be seen with a prism of caution in the interest of academic excellence. Excerpts
What are the current trends in the preschool business in India?
The preschool market will reach US $1,833 million by 2014, growing fast at a CAGR of around 13 per cent during 2011-2014 and expanding as we move forward. This growth is a result of the rise in nuclear families and disposable incomes leading to higher demand for quality preschools even in small towns and non-metros. The business is expected to touch Rs 13,300 crore by 2015- 16, with branded preschools expected to contribute about Rs 4,500 crore. However, the preschool industry is still in its nascent stage in India with around 1.1 per cent enrolment as compared to France or Scotland where it is 100 per cent. Even with the strong growth of preschools in India over the last decade, less than 20 per cent of the Indian preschool market belongs to the organised sector.
What is the role of a franchise in preschool education in India?
What are the trends? When someone from the community takes up a franchise and drives early childhood education in that catchment area with local expertise and best in class tools, techniques, learning plans and training that Kidzee provides, it helps the community and the brand become one. Strong advantage of this model is knowledge sharing, experience, brand image, and technical expertise that brands like Kidzee bring to the table. The industry is also witnessing an influx of women entrepreneurs.
In view of the increasing need for preschools across the country and classes, do you think it should be regulated?
There is a need for a standardisation to ensure certain basic pre-requisites at every preschool. Some larger players have brought that to the sector and Kidzee, as a market leader, has initiated various steps to ensure that there is standardisation across tool kits, look and feel, curriculum, infrastructure and more importantly, safety for the child.
How many franchisees plan to continue in this business for a long term?
Most of our franchisees look at expansion in the long term. In fact, some of our edupreneurs have gone ahead and started a Mount Litera Zee School (our K-12 brand) over and above Kidzee. The franchisees of Kidzee realise the association is a win-win.
What are the criteria for selecting teachers in your school?
All preschool teachers are to be at least certified in early childhood care and education. Exposure to managing, being active with the kids, command on English language are other parameters.
Global preschool chains are eyeing India for opportunities to set up their franchisee.
India is a vast country which has multiple ethnicities, languages, cultures and different parental mindsets. It is against this context that we need to look at preschool chains entering into India. There is no particular profile of a preschool franchisee and we have seen a mix ranging from fresh graduates looking to start their own venture to retired teachers/professors wanting to put their experience to use and even businessmen who have left their existing businesses to enter into this category.
Venture capital funds have evinced keen interest in the preschool sector. How do you view this?
Seeing the huge potential in preschool segment and the large number of entrepreneurs rushing into pre-school segment, the keen interest by VCs is no surprise but it should be seen with a prism of caution to ensure that academic excellence does not get overrun..n
Making Learning a Pleasure
Backgroup of the Group: Genesis of the company
Little Elly is a noble initiative of Learning Edge India Pvt Ltd. started back in 2000 in the name of Salmiya Play School in Kuwait with a goal to provide the highest quality care and education for children and to ensure that parents are valued and respected.
In the year 2004, we ventured into preschool business in India on the same line of Salmiya playschool with new ideas suitable to Indian conditions in the name of Little Elly – Little world of joy.
We believe that every child is unique and special. Learning is a lifelong process and so each child needs to be guided at his or her own pace in an environment which demonstrates love and acceptance. Our aim is to be a global leader in the field of Early Childhood Education by providing a nurturing and stimulating environment responsive to the changing needs of children, parents, faculty, staff and the neighborhood.
School’s Philosophy: Our Philosophy is about making TEACHING a JOY and LEARNING a PLEASURE.
Year of Inception: 2004
CEO: Mr. Vittal Bhandary
Age: 48
Educational and professional background: Commerce and Economics
Mr. Vittal Bhandary, Founder and Managing Director, conceptualized the Little Elly chain of preschools with the vision of nurturing great values in children, combining them harmoniously with early childhood education.
It has taken twenty five years of single-minded focus, great passion, concerted effort and deep understanding about the dynamics of childcare, for him to lead an accomplished team of professionals, in developing an organization whose prime focus is early childhood care, with the successfully run preschool and childcare environments being testament to that fact.
His innovation, dedication and phenomenal belief in this venture, has led to a successful diversification of the business, into the areas of children’s publications, learning aids, pedagogy support, early schooling, daycare and corporate affiliate programs.
Head office: Bangalore
Address:
Learning Edge India Pvt. Ltd. No. 2, Honeydew Mansion, Above Pizza Hut, Near BDA Complex, HSR Layout, Sector VII, Bangalore 560102
USP of the group:
We provide a nurturing and stimulating environment responsive to the changing needs of children, parents, faculty, staff and the neighborhood. LE program provides something special for each age group, with a multitude of activities and experiences encouraging children’s natural curiosity and sense of learning.
In Little Elly we instill and encourage passion in teachers because building relationships with the children and teachers, has allowed us to continuously improve ourselves and influence a positive change in the school culture.
Funding source: No
Has any vc or private equity involved: No
How many franchisee are under them? 110 franchisees
Expansion programme:
After gaining momentum and growth on the rapidly expanding educational industry, we are yet exploring opportunities to break into new zones. In future, we are expanding to 15 prime cities with 500 centers and also targeting a minimum of 3 International markets to expand overseas.