2014-04-22

Serial entrepreneurs K Ganesh acquires online education venture Avagmah

Serial entrepreneurs K Ganesh and Meena Ganesh have returned to the digital education business by acquiring Avagmah, an online education services venture, for an undisclosed amount.

Serial entrepreneurs K Ganesh acquires online education venture Avagmah

Serial entrepreneurs K Ganesh and Meena Ganesh have returned to the digital education business by acquiring Avagmah, an online education services venture, for an undisclosed amount.

 

“Online education is a red hot opportunity. The potential is illustrated by companies like 2U (filed for a $100 million IPO in February 2014) and EmbanetCompass (sold to Pearson for $650 million). The model has been proven in the US, but has not been attempted in this region. I am confident that the US’ success in online higher education can be replicated in Asia as well,” said K Ganesh.

 

Avagmah was founded by Karthik KS (CEO), who had previously co-founded 24x7 Learning, an e-learning consulting, technology and implementation company. In the past, he had worked at companies, including PCL, HCL, HP and Microland. Karthik holds a Mechanical Engineering degree from National Institute of Technology (Karnataka) and a PG Diploma in Business Management from Bharti Vidya Bhavan (New Delhi).

 

Avagmah is an education venture offering industry relevant online continuing education programmes (certificate, UG and PG courses) for working professionals. Avagmah’s other academic partners include Subhash Ghai’s Whistling Woods International (Media & Entertainment), Apollo Hospitals – MedVarsity (Healthcare), IMT-Ghaziabad and Bharathidasan University.

Related opportunities
  • Quick Service Restaurants
    Milkshake And Co. is a creative based QSR business believing..
    Locations looking for expansion Chandigarh
    Establishment year 2016
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chandigarh Chandigarh
  • Automobile Accessories
    RIDERS is well known brand in the field of Bicycles,..
    Locations looking for expansion Maharashtra
    Establishment year 2021
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Furniture/Home Decor & Furnishing
    At Bay Window, we understand the delicate balance between aesthetics..
    Locations looking for expansion Andhra pradesh
    Establishment year 1950
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 12000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
  • Others Food Service
    Shawarma Kings is a brand that was conceptualized in the..
    Locations looking for expansion Delhi
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10lakh - 20lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads