Mumbai: E-learning solutions provider, Educomp Solutions announced on 10 April that it had acquired a 76% stake in ThreeBrix E-Services Pvt Ltd.
The partnership between Educomp Solutions and ThreeBricks would leverage Educomp’s large content library for providing tutoring in several ways, significant being online, offline and through learning centres mainly focused on serving Indian students.
ThreeBrix E-Services owns ‘The Learning Hour´ tutoring service and was started in 2005 by three IIM - Ahmedabad graduates. It has gained early success in providing a high quality tutoring service in the Middle East and Dubai markets. The size of the instructor led tutoring market is over 5,000 crore in India, the company said.
In a separate filing, Educomp said it has bagged a three year order worth Rs 18.30 crore from Haryana government. The company is also in the process of developing CAL programme for 716 government senior secondary schools in the state.