Erudite Technologies to run and manage 50 schools

Erudite Technologies is planning to run and manage 50 schools across the country in the next few years.

The company has tied-up with a strategic investor for $5-8 mn funding to set up the schools.

Erudite, a Rs 10 cr company, will partner with existing schools for running and managing them.

The company is eying a turnover of Rs 45 cr by the end of this fiscal.