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Universal Learn Today and Educomp in JV to help set up 30 Schools

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Announcement Corporate

Universal Learn Today Pvt. Ltd. (ULT), an India Today Group company and promoters of The Vasant Valley Schools (VVS), and Educomp Infrastructure and School Management Limited (EISML), a subsidiary of Educomp Solutions Ltd, have announced the signing of an agreement with the aim of jointly facilitating independent trusts to set up Vasant Valley Schools across India.

As per the agreement, ULT and EISML will exclusively partner to provide school management services, educational infrastructure as well as learning systems to set up thirty Vasant Valley Schools over the next several years. Vasant Valley Schools are today synonymous with high quality school education and rank among the top few schools in the country, while EISML is facilitating schools across India by providing expertise in school management as well as learning systems.

 

The new schools will be set up under the Vasant Valley brand and imbibe the pedagogical philosophy of Vasant Valley Schools while leveraging Educomp’s deep commitment to educational excellence. While the overall guidelines and framework of the curriculum, courses, contents, teaching methodology, academic practices and pedagogic strategies will be provided by ULT, they will be continuously augmented and enriched by the internal research and development efforts of both partners.

Speaking about the tie-up, India Today Group Chairman, Aroon Purie said, “It is with great pleasure that we announce this long-term partnership with Educomp at a perfect time when the demand for quality education in India is growing rapidly. We look forward to increasing our footprint and making Vasant Valley Schools accessible to more people across the Country. ”

Shantanu Prakash, Managing Director, Educomp Solutions Ltd, said “There is an urgent need for capacity building in school education space at all levels. Schools with fine traditions and impeccable track record should not ideally be restricted geographically but reach as many students as possible across the country. Our long term strategic vision is to enter into alliances with brand leaders in the K12 space to bring high quality education to a larger population. Our alliance with VVS is a strong step in that direction since they are today among the highest rated schools in Delhi NCR and indeed right up there in the top schools list in India”.

The first school under this collective partnership is expected to come up in Gurgaon in 2012.

 

 

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First Published: May 27 2011 | 2:58 PM IST

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