Edcast to tie up with 500 institutions – Feedback

Silicon Valley-based technology education startup EdCast plans to get into tie-ups with as many as 500 educational institutions and invest up to $50 million (Rs 325 crore) in India in 2016. The company creates knowledge cloud platforms that enable educators and institutions to deliver their content worldwide.

Indian-American serial entrepreneur Karl Mehta, who’s the founder and CEO of EdCast, believes that around $250 million (Rs 1625 crore) could be invested in education based technology in India this year. This is the new sector on the rise, Mehta said.

http://www.business-standard.com/article/companies/edcast-to-tie-up-with-500-institutions-116012100441_1.html

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