Wednesday, June 03, 2009

EDUCOMP TO FOCUS ON SCHOOL MANAGEMENT

Vivek Seal, New Delhi

DNA

Educomp Solutions, the Gurgaon based education content and service provider, is focusing more on budget schools and management contracts than on premium schools.

Shantanu Prakash, managing director, said, "Currently, we have a 30:70 strategy for management contract schools and owned schools. Going forward, I expect more management contract driven schools as this business is more profitable."

The company is looking at a less capital intensive model to take its K-12 school strategy forward. Currently, Educomp has 20 schools, which it hopes to expand to 50 schools by the academic session of July 2010.

Under the K-12 vertical, Educomp operates in two ways. In the first, it leases its own schools to trusts that run them and also provides content. In the second, it offers management and content services to schools it doesn't own.

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