Helion Advisors Announces Investment of $3.5mn in Vienova Education14 Nov 2011 • by Natalie Aster
Helion Advisors has invested $3.5mn in Vienova Education, an affordable private education provider based in Delhi, India. This follows the first round of funding by Indian Angel Network (IAN) and others in 2008. Vienova is an emerging player in the affordable education space and provides a range of educational services to schools in North India. Vienova leverages technology to deliver high quality services in value conscious and price sensitive markets. The company is looking at expanding its services to 100 schools in the near future and will use the fresh investments to fuel this growth.
Four-S Weekly Edutrack 25th September - 2nd October, 2011
Published: October 2011
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Future Group eyes a bigger play in Indian education sector
Future Group is aiming for a bigger play in India's education sector with plans to expand its training and skill development vertical Future Learning and become an autonomous entity providing professional courses across industry sectors. It is planning to invest over `200mn in the next 2-3 years and add courses in areas such as healthcare, education and infrastructure. Future Learning has entered into a joint venture partnership with the National Skill Development Corporation (NSDC) aiming to train 7mn Indians in varied industries in the services sector in the next 10 years.
MCI to introduce percentile score system for CET to MBBS
The proposed National Eligibility cum Entrance Test (NEET) for admission to MBBS courses from next year will have objective type questions and a percentile score to determine the merit of all applicants. MCI sources said this is the first time that a merit list will be prepared on the basis of percentile scores of candidates in medical entrance test, unlike in the past when percentage scores were taken into account to prepare the merit list. The MCI, which will hold the All-India Medical entrance test next year in collaboration with the CBSE, has also decided to keep a cut-off of percentile scores of all applicants to determine the eligible candidates for admission to medical colleges in the country.
More information can be found in the review “Four-S Weekly Edutrack 25th September - 2nd October, 2011” by Four-S.
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