| School Learning Solution | Technology-enabled classrooms, ICT content licensing to primary and secondary schools. | Established brand, content IP, early mover in digital classrooms, expansive school network. | Primarily B2B schools and educational institutions in India. | Smart Class content licensing and digital education services. | 3 | 100 | Licensing fees, services to schools, and content delivery contracts. | Contractual licensing and service fees; mostly recurring revenue. | Government digital education initiatives, increasing adoption of digital classrooms post-pandemic. | Smart Class |
| Higher Learning Solution | Vocational, higher education, professional development programs and institutions. | Partnership with Pearson and Raffles Education; brand recognition in niche education. | Students and professionals seeking vocational and higher education. | Niche vocational training and international tie-ups. | 0 | 0 | Tuition fees, program licensing, training services. | Tuition-based and program fees; mix of recurring and new enrollments. | Rising demand for skill enhancement and professional courses; brand collaborations. | Millennium International, Raffles Millennium International |
| K-12 Schools comprising preschools | Preschool and K-12 schooling services via owned and franchised institutions. | Multi-brand strategy, pan-India preschool presence, franchising model. | Parents and students in India seeking early and formal education. | Preschool franchise operations with scalable growth potential. | 0 | 0 | School fees and franchise licensing fees from preschools and K-12 schools. | Recurring fee-based model for enrolled students and franchise fees. | Growing demand for quality preschool education in urban India. | Roots to Wings, The Millennium School |
| Online, Supplemental & Global business | Internet-based educational services, online coaching, supplemental learning solutions globally. | Global footprint via subsidiaries, early online learning initiatives since 1999. | School students and learners mostly B2C, some B2B globally. | Digital learning platforms and supplemental coaching services. | 0 | 0 | Subscription and service fees from online customers and global partners. | Subscription-based and usage fees. | Rising online education demand, pandemic-driven e-learning adoption globally. | Mathguru.com, Ask’n’Learn |
