Wednesday 30 November 2011

Timeline

1994: Educomp was founded by Shantanu Prakash
1998: Launched eCampus, a first of its kind, student information system
1999: Launched PlanetVidya.com, an online education system
1999: Launched professional development (teacher training) programs
2000: Launched ICT solutions product for computer aided learning in government schools
2000: Started India’s first K12 digital content development center
2000: Conversion to a Public Ltd. Company
2002: Established US subsidiary called Edumatics Corporation
2002: Launched Learning Mate Nhance, a Learning Content Management Platform
2003: Launched smartclass Content solution
2004: Signed a pilot program in US with the Santa Barbara School District
2004: Entered the Asia Pacific market with pilots in Singapore
2004: Received ISO 9001:2001 certification for ICT solutions
2004: Sets up R&D division
2005: Launched online tutoring service
2005: Educomp received the CNBC Emerging India Award and was chosen as the company of the year in the ICT & ITES sector, from over 5,000 enterprises
2006: Educomp goes public in January 2006 with the launch of a successful IPO with an issue price of Rs.125 per share
2006: SmartClass reaches 90 schools; ICT reaches 600 schools
2006: Launched first pre-school in Delhi under the brand ‘Roots to Wings’
2006: Launched Mathguru.com, India's first online Math help tutoring platform
2006: Chosen as "FUTURE TITAN" one of the 10 hottest companies in India by Outlook Business Magazine
2007: SmartClass reaches 331 schools; ICT reaches 2808 schools
2007: Set up Educomp Infrastructure & Services Management Limited (EISML) subsidiary to provide K12 services to private schools in India
2007: Acquired Ask n Learn, a leading web-based K12 company in Singapore
2007: Ask n Learn wins the Hitwise Top 10 Websites Award for 2007 for Singapore
2007: Educomp ranked 140th in the ‘BT 500’ list of the most valuable private companies in India
2007: Acquired Three Bricks E-Services, a pioneering Tutoring Solutions company in India and owner of Learning Hour tutoring centers
2007: Acquired Savvica Inc. in Canada, a unique online educational platform business and owner of popular learning platform Learnhub.com
2007: Acquired AuthorGen Tech, an online education company and owner of the learning platform WiZiQ.com
2007: Consolidated revenue crosses Rs 1 billion milestone. Educomp ends financial year FY2007 with a revenue of Rs 1.1 billion
2008: SmartClass reaches 933 schools; ICT reaches 6004 schools
2008: Launched Educomp Tele-Education Network (ETEN) to provide VSAT based personalized CA coaching from acclaimed faculty across centers all over the country
2008: Ask n Learn wins the Deloitte’s Technology 'Fast 500' Asia Pacific Award
2008: Acquired 51% stake in web-based K12 content company Learning.com in USA
2008: Formed a 50:50 Joint Venture with Raffles Education Corp. for Higher Education in India
2008: 'Roots to Wings' awarded the 'Emerging Franchisor of the Year 2008' award for excellence in Franchising and Business Development, by Franchise India Holdings Limited, Asia's largest integrated franchise solution company
2008: Acquired A-Plus Education Solutions Pvt Ltd, a vocational training company specializing in running employability related course in colleges under the brand name Purple Leap
2008: Acquired 50% stake in Eurokids International, the leading Pre-Schools operator in India
2008: Educomp named in Forbes magazine under the "200 Best under a Billion" companies for the Asia-Pacific region, picked from 24,155 listed firms in the Asia-Pacific region
2008: EasyTech, a K-8 technology literacy curriculum by Learning.com, awarded the ISTE Seal of Alignment by the International Society for Technology in Education ISTE
2008: Consolidated revenue crosses Rs 2.5 billion milestone. Educomp ends financial year FY2008 with a revenue of Rs 2.9 billion
2009: SmartClass reaches 1737 schools; ICT reaches 12012 schools
2009: Formed a 50:50 JV with Pearson called IndiaCan for Vocational Training courses in India
2009: Educomp ranked Number 1 in Education & Training in the study: 'India’s Best Companies to Work For 2009' by The Economic Times in collaboration with the Great Place to Work® Institute
2009: Learning.com’s Digital Learning Environment wins the Best Course Management System award in the prestigious Software & Information Industry Association’s (SIIA) 24th annual CODiE Awards
2009: Launched Design colleges under the brand 'Raffles Millennium International' in Delhi and Bangalore in partnership with Raffles Education Corporation
2009: Launched Universal Academy budget Schools
2009: 21 brick-and-mortar schools operational under EISML
2009: Raised $125 million equity capital in a QIP issue
2009: Educomp ranked 83rd in the BT 500 list of the most valuable private companies in India
2009: Consolidated revenue crosses Rs 6 billion milestone. Educomp ends financial year FY2009 with a revenue of Rs 6.3 billion
2010: SmartClass reaches 3077 schools; ICT reaches 15426 schools
2010: 43 brick-and-mortar schools operational under EISML serving 24000 students
2010: Launched 5 new Raffles Millennium International colleges in Ahmedabad, Kolkata, Hyderabad, Chandigarh and Chennai
2010: Educomp won top honours in the for-profit category to win NASSCOM Foundation Social Innovation Honours-2010
2010: Morgan Stanley Report of Jan 2010 added Educomp in "Tomorrow’s Winners" a select list of companies highlighted across Asia that lead their domestic competitors and whose expected growth rates outpace those of the markets and countries in which they operate
2010: Vocational Training business, IndiaCan reaches 275 points-of-presence across the country
2010: Acquired Studyplaces, the largest higher education admissions advisory business in India
2010: Consolidated revenue crosses Rs 10 billion milestone. Educomp ends financial year FY2010 with a revenue of Rs 10.4 billion
2010: Launched Le Mont High School in Lavasa, Educomp's first International curriculum school
2010: Announced agreement with China Distance Education Holdings Ltd (CDEL) for licensing and distribution of Educomp's products in China
2010: Shantanu Prakash, CEO of Educomp chosen as the winner of Dataquest Pathbreaker of the Year Award for 2010
2010: Launched Educomp Leap, India’s first VSAT based Engineering Prep program to allow students access to high quality tutorials
2010: Acquired Vidya Mandir Classes, a leading engineering test prep company
2010: Launched CareerFirst, a chain of career resource centres in Schools to help students to make informed career choices
2010: ETEN students bagged 52 All India Ranks including 4 All India No. 1 Ranks in different CA exams
2010: 21 Gateforum students secured top 10 ranks in GATE 2011 and 141 in Top 100 across 7 streams of engineering
2010: VMC students secured 5 positions in the top 6 in IIT-JEE Delhi Zone
2011: Acquired strategic stake in Gateforum Educational Services Pvt Ltd, a leading GATE prep company in India
2011: In March Shantanu Prakash, CEO Educomp won the prestigious ET Now 'Leap of Faith' Award in the category of Education. ‘Leap of Faith Awards’ is an attempt to recognize the best and brightest of India’s young entrepreneurs, men and women who have stood against all odds and emerged winners.
2011: Formed a Joint Venture with Zeebo Inc. to launch the first wireless educational platform for children in India
2011: April issue of Dare Magazine chose Shantanu in its list of Inspiring 50 Entrepreneurs – 2011 because “Shantanu Prakash, founder of Educomp, is the man who is responsible for bringing the much-awaited change in the Indian education system
2011: Franchise India, presented “Entrepreneur of the Year” award to Mr. Shantanu Prakash in the Indian Education Awards 2011 organised to recognize and acknowledge the initiatives and achievements of certain individuals and institutions that have contributed significantly towards the growth of the education sector in India in the recent times.
2011: Institute of Economic Studies presented the Udyog Rattan Award to Mr. Soumya Kanti President of Edureach (PPP & ICT Division of Educomp) for his invaluable contribution to the industrial development of the country through transforming of the teaching-learning processes by empowering teachers and encouraging students to acquire knowledge and gain conceptual clarity through use of ICT.
2011: Educomp Solutions Limited was conferred with the prestigious “Excellence Award” by the Institute of Economic Studies. Educomp was recognized with the Excellence Award for its outstanding contribution towards developing the education sector in India through excellence in Productivity, Quality, Innovation & Management of holistic range of educational products and services.
2011: In July, Sangeeta Gulati, CFO of Educomp received the prestigious Business Today Best CFO Award in the category ‘Sustained Wealth Creation (mid size)’ from Finance Minister, Mr. Pranab Mukherjee.

Management

Educomp Solutions Ltd
Type Public company
Traded as NSEEDUCOMP
BSE532696
Founded 1994
Founder(s) Shantanu Prakash
Headquarters New Delhi
Key people Shantanu Prakash Chairman & MD
Website www.educomp.com