Education services provider, Educomp Solutions Ltd today said that the members of the company have passed the resolution to raise funds upto $500 million through ADR/GDR/FCCB/QIP, with requisite majority 
The company has also agreed increase authorized share capital from Rs 20 crore to Rs 25 crore.


</p><tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'><BR>The company has also agreed increase authorized share capital from Rs 20 crore to Rs 25 crore. </P>
</p><p class='TableClas'>The company had recently acquired a 51 per cent stake in Learning.com, a US-based portal at $24.5 million.</P>
</p><p class='TableClas'>This capital has been used to purchase the existing shares as well as an infusion of new capital into the company. </P>
</p><p class='TableClas'>Learnings.com is the premier provider of web-delivered curriculum and assesment. </P>
</p><p class='TableClas'>Educomp Solutions Ltd, incorporated in 1994 is a technology driven innovative education company in India.</P>
</p><p class='TableClas'>With an employee base of over 3000 professionals, Educomp currently serves over 4 million learners and educators across India, USA and Singapore.</P>
</p><p class='TableClas'>The company has sales presence in over 57 locations for different programs<BR></P></p></table>


Educomp to raise funds worth $ 500 mn

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