Educomp Acquires 51% Stake in Learning.com. Pays Rs. 105 Cr. A look at Online Tutoring in India as a PPO Service

Entities Mentioned

• Business Standard
• Educomp Solutions
• Shantanu Prakash
• Alok Aggarwal
• Kal Raman

1. Delhi-based Educomp Solutions has acquired a 51 per cent stake in US-based web-delivered curriculum provider, Learning.com for around Rs 105 crore. The deal includes the purchase of existing shares as well as an infusion of new capital into the company. This is Educomp’s second strategic investment after the acquisition of Singapore-based Ask n Learn — [...] (Read Full Article)
   
   

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