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Educomp to invest Rs 150 cr in Great Lakes Institute

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Press Trust of India New Delhi

E-learning solutions provider Educomp Solutions, through its affiliate company, Beacon, today entered into a partnership with Great Lakes Institute of Management.

The two partners will invest a total of Rs 150 crore over a period of five years. The partnership will help both companies expand their operations in the country, Educomp Solutions said in a statement.

The partnership will have campuses in Delhi and the NCR region, Mumbai and Eastern India.

Great Lakes Institute of Management has a centre in Chennai.

Shares of Educomp Solutions were trading at Rs 438.65 on the BSE today, up 1.33% from the previous close.

 

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First Published: May 06 2011 | 3:02 PM IST

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