Who is the owner of educomp?
Shantanu Prakash
Educomp was a sort of star circa 2008-12. Founded and run by Shantanu Prakash, an alumnus of IIM-Ahmedabad and Delhi’s Shri Ram College of Commerce, it sold ‘Smartclass’ – hardware for digitally equipping classrooms – to thousands of schools and seemed to have hit upon a great idea in the ever-growing education sector.
What is educomp smart class in schools?
Proficiency in English is becoming increasingly mandatory in institutes of higher learning and looking further ahead, at the global environment they would work in. Educomp English Mentor is an English language lab which helps students to master the nuances of the language, both written and spoken.
What does Educomp solutions do?
The company is a globally diversified education solutions provider and the largest education company in India. They offer education products and solutions for K-12 in the country coupled with a large footprint in preschool vocational and higher education.
Should we invest in educomp?
In most segments, Educomp is the market leader with no serious competition. Based on estimated strong earnings growth and dearth of other similar investment options in education space, we recommend BUY on Educomp with 1-year target price of Rs817 (15x FY12E EPS).
Why did educomp fail?
“The borrowing company and its directors, guarantors and unknown others conspired and committed the acts of forgery, including valuable securities, used forged documents as genuine, diverted and siphoned off the banks’ funds and cheated the lending banks to the tune of ₹1955.36 crore,” the CBI said.
What do you mean by educomp?
Educomp smartclass is a flagship brand of Educomp Solutions, India’s largest Education company. Born in 2003, Educomp smartclass has created shall we say, yet another divide of Have and Have Nots: schools that have Educomp smartclass and schools that don’t.
What happened educomp?
Cut to 2020, Prakash’s company Educomp Solutions is bankrupt and on February 11, he was booked by Central Board of Investigation (CBI). The CBI on February 11 registered a case against Educomp Solutions, Prakash and another individual for alleged bank fraud.
Who invented smart class?
Educomp SmartClass
The school has installed the Educomp SmartClass which is a digital initiative pioneered and invented by Educomp. Smart class is a way that teaches students What Learning Can Be. It’s a mode by which students are taught by modern means.
Which company is related with smart class?
First things first. Educomp smartclass is a flagship brand of Educomp Solutions, India’s largest Education company. Born in 2003, Educomp smartclass has created shall we say, yet another divide of Have and Have Nots: schools that have Educomp smartclass and schools that don’t.