Tata to invest in India's e-learning

education sector, reveals Money Control.

Unveiled by the group's e-learning venture, Tata Interactive Services, the company expects it to be a profitable business in three years.

"The initial investment [in the new venture] will be Rs 100-crore and we expect to sign-up 1 000 schools across 100 cities in the first year," Tata Industries's managing director, Kishor Chaukar, told reporters.

According to the Business Standard, over the past 20 years, Tata has been developing interactive and media rich learning solutions for reputed educational publishers and institutions across the US, UK, Europe and Middle East.

Classedge was developed on the strength of this solid international experience, with a commitment to improve the quality of teaching and learning in Indian classrooms.

The Hindu says Classedge is an innovative and comprehensive education solution designed to help teachers deliver high quality instruction, with an effective blend of classroom activities and interactive multimedia demonstrations.