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India Aadyant Edu expects Rs 100 cr annual turnover from 500 pre-schools
Aadyant Education (AEPL) expects an annual turnover of Rs 100 crore from 500 pre-schools which will be set up by 2014. In the first phase, the education services provider plans to set up 100 pre-schools in over 25 key cities and towns spread across India by 2011. AEPL aims to fuel its expansion through franchise model and is already in talks with several business houses and entrepreneurs for the same, it said in a statement. The organisattion plans to expand its footprints in Ghaziabad, Faridabad, Noida, Mumbai, Bangalore, Pune, Chandigarh, Ludhiana, Amritsar, Jalandhar, Ambala, Karnal, Hisar, Jaipur, Indore and Bhopal among others. AEPL owns and manages a pre-school 'Aadyant' in South Delhi and mentors more than 250 children from a dozen countries aged between 1.5 and 5 years. The company is promoted by CHD Developers Chairman R K Mittal and AEPL CEO Devendra Gaur.
-- (UNI) -- 01DC24.xml
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