Krishnan Ganesh, chairman and founder of TutorVista.com, an online tutoring company, is a serial entrepreneur with a nose that can sniff out new opportunities very early. In 2002, he and his wife Meena sold their call centre business, Customer Asset, to ICICI for $20 million. His investment in the next business, Marketics (a data-analysis start-up) fetched him a good return too (he sold it to Business Process Outsourcing firm, WNS, for $65 million).
While Career Launcher’s Satya Narayanan has set up new schools in Tier 2 and Tier 3 towns, Ganesh of Manipal K-12 is tying up with trusts which had set up schools (and owned the land and buildings) but were struggling to run the schools better.
Raising money and working around regulations is a serious worry for entrepreneurs, but there are other complexities as well.
(This story appears in the 16 April, 2010 issue of Forbes India. To visit our Archives, click here.)
This is a great article. In fact india offers lots of opportunities in field of education. http://opportunityineducation.blogspot.com/
on Sep 24, 2011If you look at this commentary objectively, there are broadly 2 positions that can be taken(excluding regulatory ambiguity).<br /> Position one which is "technology is the SOLUTION" and the answer to scalability and Position two which categorically denies that technology can EVER replace a teacher as the way forward.<br /> There is room for both depending upon the goal of the "educationist".<br /> An afterthought, please don't use "standard" and "education" together. We are in the 21st century!
on May 19, 2010Why is no one talking of technology.<br /> Scalability is only possible using technology with statndard education.<br /> Merely building structure without standard / good faculty will be disaster. Mind set has to change to accept education thro' DTH.<br /> and here will come the role of technology academician to redraft the entire syllabus suitable to DTH --and this will bring scalebility at affordable cost to all.<br /> <br />
on Apr 8, 2010