Investment firm RISE India to invest Rs 350 million eLearning start-ups

Rise India, with a mission to provide one-stop solutions to schools, will roll out its iK-12 contents, bringing a digital paradigm to education in India. The group will invest a sum of Rs 350 million by the next 12 to 18 months in its digital content platform.

These solutions will assist Indian schools to match with global standards. Rise India is bringing a trend of collaboration of best schools and talents in the education industry of the country to bring a global standardized platform.

Rise India is an investment firm that has been contributing to skill development across India. The group offers large-scale course and training programs catering employment and education. It has invested in 4 companies for delivering employment oriented training and digital education.

Since its inception in 2012, the organization has grown to have a pan India presence reaching out to thousands of students across many states. The group is successful in training and providing placement to more than 50,000 students in various industries such as retail, IT, BSFI, Construction, Driving and Renewable Energy. Rise India is keen to invest in CBSE schools, Business schools, enterprise learning and education start-ups to form a collaborative platform to deliver global standardized education.

The new model education platform comprise of ICT solution, E learning contents and practical learning kits for subjects such as Mathematics, Science and language. The solution encompasses student assessment as well as training teachers. The curriculum also added with programs such as student exchange and career counselling. The prime objective of this initiative is to propagate a global standard education at affordable cost across Tier II and Tier III cities of the country. Emphasis is both in organic and inorganic operation models.

The company has successfully reached advanced stage of negotiation, acquiring majority stake in 4 major companies offering standalone services. The group would focus on both value and volume of its service. The objective is to reach out for the weaker section of the society; the drive will integrate schools within its ambit with technology platforms providing ungraded learning structure.

Ajay Chhangani, CEO, RISE India said, “India has been a human resource power hub since long. The youth has large potential and there is a requirement of meticulous channelizing of this talent; it has become a necessity to introduce such initiatives to propagate education across its populace. We aim to become the largest content and service provider Company in education space within next 3 years. Value and volume both will be our operating guidelines. We are already in advance stage of negotiation to acquire majority take in 4 companies who are offering stand alone services from our bouquet of offering.”