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About

Career Point Infosystems was incorporated as public limited company on March 31, 2000, under the Companies Act. The promoter of the company, Pramod Maheshwari has been in the business of tutoring for competitive entrance examinations since 1993 and the business was being administered under proprietorship firms of Pramod Maheshwari, Om Prakash Maheshwari and Nawal Kishore Maheshwari, the company’s promoters.

The tradition of innovation and excellence continue with the company’s quality of education that it imparts to engineering and medical aspirants and its dedication and devotion towards their success in different competitive examinations.

Today, Career Point stands apart and well above the rest on a distinguished platform, as an epitome of success. This could be achieved simply by virtue of the excellent teaching methodology that Career Point has evolved, developed and implemented over the years.

Business area of the company

The company is one of the leading providers of tutorial services in India. It provides tutorial services to high school and post high school students for various competitive entrance examinations including All India Engineering Entrance Examination, Indian Institute of Technology - Joint Entrance Examination and All India Pre-Medical and Pre-Dental Test. The tutorial services are provided through its classroom training programmes conducted through a network of the company operated and franchisee centres. As at December 31, 2009 it had 14 company operated training centres and 18 franchisee centres and during the nine months period ending December 31, 2009 it has received 30,538 enrollments.

The company has a team of 210 faculty members as on December 31, 2009 (excluding faculty members of franchisees) comprising of graduates in engineering and science. It has, over a period of time, built its content repository of over 10,000 pages of text content and over 12,000 minutes of video content for various tutorial services offered by the company. The company plan to use technology as a tool to provide access of its content repository to students across India. To leverage the content repository and to provide a personalized learning environment to its students, it has recorded the lectures of its experienced faculty members through Career Point Knowledge Lab. Further, the company has designed and developed Synchro-School programme to synchronize preparation forcompetitive examination with formal school education.

Recently, the company has forayed into Education Consultancy and Management Services (ECAMS), catering to K-12 and Higher Education segments. Further, to address larger base of potential students, the company has introduced technology enabled education delivery platform for delivering content through ‘TechEdgeClass’.

Subsidiaries of the company

Career Point Edutech: The company was incorporated under the Companies Act on November 9, 2006. The objects of this company include developing technology based educational solution and software. Career Point Edutech Limited has been instrumental in launching two software products i.e. a2zexam.com and examtayari.com.

Career Point Infra: The company was incorporated under the Companies Act on December 6, 2007. The objects of this company are to acquire land and developing such land for maintaining of schools and educational institutions.

History

  • 2000: Formation of the company as a public limited company viz., Career Point Infosystems Limited
  • 2002: Launched franchisee learning centres as a part of the company expansion plans
  • 2006: Ventured into providing tutoring services through the company operated training centres
  • 2007: Launched synchro-school programme
  • 2007: Investment by Volrado Venture Partners
  • 2008: Launched Career Point Knowledge Lab in Kota
  • 2008: Test launch of “TechEdge” class
  • 2008: Executed management cooperation agreement with Singhania University for establishing university off campus
  • 2009: Investment of Rs 500 million in the company by FTPES, portfolio managed by Franklin Templeton Asset Management (India) Private Limited
  • 2009: Executed management services agreement with the Gopi Bai Foundation Trust Kota (Raj.) for providing management services to Global Public School
  • 2010: Executed MOU with Hughes Communications India Limited
  • 2010: Investment of Rs 100 million in the company by Nadathur Srinivasa Raghvan, Partner for and on behalf of Kalpa Partners
  • 2010: Executed MOU with Gopi Bai Foundation Trust Kota (Raj.) for providing Education Consultancy and Management Services for the proposed University at Alania, Kota, Rajasthan

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