About Educomp Solutions Ltd.
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Founded in 1994, Educomp Solutions Ltd. is a globally diversified education solutions provider and the largest
education company in India. With an employee base of over
4500
professionals, Educomp currently serves more than
9.4 million
learners and educators across India, USA and Singapore.
Educomp has
27 offices worldwide including an office in Canada, 20 in India, two in Singapore, one in Sri Lanka, and three in the United States.
In addition, the Company operates through its various subsidiaries including AuthorGen,
Threebrix eServices, Learning.com, USA, AsknLearn Pte Ltd, Singapore and via its
associates such as Savvica Inc. in Canada.
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QUICK FACTS
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- Incorporated in 1994
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9.4 million
Learners
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19,000
Schools
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4500
Professionals
- 27 Offices
- Presence in India, North America and the Asia Pacific Region
- Works with 13 state governments in India
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Educomp works closely with schools implementing innovative models,
creating and delivering content to enhance student learning. Educomp has maintained
a long, undiluted focus in the K-12 curriculum design and teacher education space.
Its innovative applications and products have revolutionized the way information
technology and the Internet is used to deliver new age learning to people.
Educomp is a publicly traded company on the Bombay Stock Exchange and National Stock
Exchange, India.
Educomp Products
Educomp has over the years been at the forefront of various pioneering initiatives
in the e-education space. A few notable examples are
- Introduced Smart classTM, a ‘teacher-led’ content
delivery system that has dramatically improved learning effectiveness in class.
- Developed India’s richest 3 D K-12 content library with over 15,000 modules
aligned to Indian and international learning standards.
- Developed Roots to WingsTM, India’s first structured Pre-School
learning system.
- Developed Mathguru.com an online learning initiative.
- Pioneered Education Process Outsourcing in India through the Learning Hour
platform, a benchmark for other similar initiatives.
- Conducted Professional Development workshops, training more than a million
teachers in technology integration, pedagogy, and best practices in teaching.
Educomp’s Research Team constantly evolves more effective methods to
reach out to learners and educators.
Educomp has a track record of implementing large scale Public-Private-Partnership
projects. Educomp works intimately with various State and Central Government agencies,
Ministries of IT and HRD, and Governments of other countries. The varied programs
involve across-the-board education infrastructure implementation, teacher training
and content development projects.
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The current client base of Public-Private-Partnership projects is above 8000 schools
including large projects of the Governments of
Assam, Haryana, Chhattisgarah, Orissa, Karnataka, Uttar Pradesh, Tripura, Gujarat, West Bengal, Rajasthan, Jharkhand and Andhra Pradesh
in India.
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Educomp Affiliates
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Educomp group works with over
19,000
schools across India, US and Singapore
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Educomp’s presence in the US is via its fully owned subsidiary Edumatics Corporation
based in Ventura, California, while in the APAC region, Educomp operates via Educomp
Asia Pacific Pte Limited. Strategic acquisitions and joint ventures are further
enhancing Educomp’s footprint across the world. These are
- ASKnLearn: ASKnLearn is a premier Pan-Asian provider of education solutions
and services that caters to more than 180 educational institutions in Singapore,
China, Thailand, Japan, and Brunei.
- Three Bricks E-Services: Educomp has acquired a 76% stake in the domestic
home tutoring company - Three Bricks E-Services, promoter of online tutoring website
‘The Learning Hour’ and ‘Threebrix.com’ will strengthen
Educomp’s online tutoring platform.
- AuthorGen Technologies: Educomp’s 51% strategic stake in AuthorGen
Technologies Pvt Ltd. has helped consolidate its position on online tutoring with
access to key technology competence, student teacher marketplace models, and web
2.0 platforms for online learning. Their leading portal wiziq.com connects students
and teachers from around the world with capabilities to run on any web browser and
any operating system.
- Savvica: The acquisition of 70% of Canadian online solutions company Savvica
has augmented online community building capabilities to Educomp’s content
offerings.
- Learning.com: In May 2008, Educomp acquired a majority stake of the US based
Learning.com. Learning.com serves around two million students with products licensed
to over 6700 schools in 1,300 districts across the United States. The products are:
Aha!Math, a K-5 supplemental math curriculum; EasyTech, a K-8 technology
literacy curriculum that helps students develop and apply their technology skills
to math, science, language arts and social studies curriculum; and TechLiteracy Assessment,
an authentic technology proficiency assessment that provides educators with the
data to understand how well students grasp technology skills.
- Raffles Education Group: Educomp has forged two 50:50 joint ventures with
the Singapore based Raffles Education Group. While one of them will focus on higher
education in India, the other JV will focus on K-12 initiatives in China.
Educomp has two subsidiaries to tap the opportunity arising from a shortage of schools
in India, namely, Educomp Infrastructure and Educomp School Management. Educomp currently
works in 7 schools, with student enrollment exceeding 6000. Leveraging the core
competencies of the Millennium Learning System, which is both a replicable
and sustainable model, Educomp’s School Solutions team is committed to extending
their school network to about 100-150 over the next 3-4 years.
Recognition
In recognition of its innovations and product offerings, Educomp was conferred the
"CNBC-ICICI Bank Emerging India Award" as the ‘Company of the year
2005’ in the ICE and ITeS category.
The Company also has the honor of being the first company in India to have been
rated SME1 by CRISIL, in recognition for its outstanding creditworthiness. In addition,
the Company also received.
- A P1 rating for commercial paper from CRISIL
- An "A" (Stable) rating for long term debt (Non-Convertible Debentures)
from Fitch Ratings.
- An A / Stable rating for cash credit facilities from CRISIL.
- An ISO 9001:2000 certification in application of ICT (Information & Communication
Technology) related to computer aided learning, training and computer literacy projects
in Schools.
In December 2007, BT 500 ranked Educomp as the 7th biggest in percentage
gain in market cap (H1, 2007 over H1, 2006) and 140 in the list of the most valuable
private sector companies in India (up from rank 346 in BT 500 list of November 2006).
The Company has been ranked 319 by ET 500 March 2007 issue. Educomp was chosen as
the "FUTURE TITAN", one of the 10 hottest companies in India by Outlook
Business Magazine in November 2006. It was also rated the best performing IPO of
the year 2006 across all sectors in India.
Educomp aims to usher an era of anytime, anywhere learning to break down the barriers
to education. The Company is aligned with emerging paradigms in pedagogy that underline
"What Learning Can Be".