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Tutorvista Attracts Investment From Manipal Education |
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Written by News watch
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Thursday, 25 October 2007 |
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The
Manipal Education Group makes strategic investment of $2.5 million in
TutorVista.com. This association shall help TutorVista jump start it's India
Plan.
Bangalore based TutorVista.com announced that a strategic
investment of $2.5 million has been made in TutorVista by The Manipal Education
Group. With this, Dr. Ranjan Pai, the CEO of Manipal Education and Medical
Group (MEMG) comes on board of TutorVista as an independent Director.
TutorVista - a global leader in online tutoring and test
preparation services brings with itself a technological innovation based
service and its collaboration with Manipal Education will benefit students in
accessing the course materials directly from the internet. Manipal's interest
in the K-12 space and personalized tuitions is envisaged by the need to
leverage the latest technology for increasing reach and effectiveness of school
education. TutorVista adopts a cost effective, mass based approach that makes
education accessible for the bottom of the pyramid.
The association with Manipal Education will help TutorVista
jump-start its India plan, which spans a host of areas. TutorVista plans to
leverage education content, technology and Internet marketing expertise to
bring affordable education across the country. The India initiative plans to
reach the remotest corners and make quality education accessible and affordable
to every student through a combination of online and offline methods using
technology reach and key partnerships.
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