What we do Educomp Solutions Ltd provides end-to-end education technology solutions including digital content licensing, ICT solutions, vocational and higher education, and operates K-12 and preschool schools mostly in India. |
Founded in 1,994 |
Market share Leader in Indian edtech with presence in K-12 digital learning and pre-school segment, though currently under insolvency proceedings impacting market operations. |
Problem solved Bridging digital divide in education, enhancing computer literacy, delivering digital content and professional skill development. |
Top clients or who we serve Schools, government bodies, preschools, higher education institutions; B2B, B2C customers primarily in India with some global subsidiaries. |
Key management - |
Our journey and innovations Pioneered Smart Class digital classrooms in India since 2003; expanded into preschools and global markets; introduced online tutoring and e-learning platforms. |
Where we operate India, USA, Singapore, Sri Lanka, Canada through subsidiaries and JV partners. |
Top products or what we offer Smart Class content delivery system, Roots to Wings preschool network, Mathguru.com online platform, vocational training, and higher education under Millennium and Raffles brands. |
Top brands Smart Class - flagship digital learning system; Roots to Wings - preschool chain; Millennium School; Mathguru.com - online math tutoring. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from content licensing and school operations with some cyclical education contracts. |
Our industry position One of the pioneering edtech companies in India with significant legacy but currently impacted by financial restructuring. |
Financial highlights FY 2021 revenue approx Rs. 3.62 crore with net loss of Rs. 35.71 crore; company under Corporate Insolvency Resolution Process since 2017. |
Geographical revenue split Majority revenue from India; presence in US, Singapore, Canada via subsidiaries but limited current contributions. |
Order book - |
Whats driving growth Demand for digital classrooms, government ICT initiatives, increasing e-learning adoption. |
Our future plans Pending resolution plan approval; focus on restructuring and revival with new strategic investments. |
Our green promise - |
Our people and values Currently limited staff of around 43; culture affected due to insolvency proceedings. |
Key challenges ahead Financial insolvency, regulatory investigations, restructuring delays, and operational disruptions. |
Interesting facts First Indian company to launch Smart Class; collaborated with Microsoft on Xbox 360 educational content. |
Risks and strategy Undergoing CIRP with active judicial proceedings; strategy focuses on resolution plan finalization and operational restart. |
