Career Point Infosystems, a tutorial services provider for competitive entrance examinations has inked a Memorandum of Understanding (MoU) with the Government of Gujarat to invest Rs 300 crore in the formal education space.
As per the MoU, the Kota-based company would set up educational institutions for higher education, vocational training and skill development segment. Pramod Maheshwari, MD & CEO, Career Point said, “We are proposing the investment over the period of 4 years. We expect to start the first institution imparting skill development courses by 2012.
A formal education program is the process of training and developing students in knowledge, skills, mind and character in a structured and certified program. Presently, Career Point provides tutorial service to high school and post high school students for various competitive entrance examinations like IIT-JEE, AIEEE and PMT.
