S. Chand and Company Limited
The Indian edtech market size is expected to reach US$ 30 billion by 2031, from US$ 700-800 million in 2021.
S. Chand is a leading educational content company in India with a long history. It was established in 1970 and now has presence in all three segments namely – early learning, K-12 and higher education with K-12 providing around 80% of its revenues. The company has 58 branches and marketing offices and extensive distribution system across India. Its printed products are also exported to more than 19 countries and digital products are exported to five countries in Asia, the Middle East, Africa and other parts of the world. Total standalone revenue of the company touched Rs. 2,626.60 million (US$ 31.6 million) in FY24.
- Leader in content creation, delivery, services and solution in education sector.
- Pan India presence.
- Presence in both print and digital.
- Long term brand legacy.
- Over 11,000 active titles.
S. Chand-Execute Accelerate Innovate
| Year | Milestone |
|---|---|
| 2023 |
S Chand and Company Limited, along with its subsidiaries, has acquired a minority stake in AToZLearn Edutech Private Limited while Gurugram-based intercity mobility startup ZingBus is said to be in advanced talks to raise US$ 12-15 million. |
| 2022 |
S Chand and Company Limited announced that it would sell its entire, 6.05% stake in the AI/Data Sciences focused Ed Tech platform iNeuron Intelligence Private Limited for a sum of Rs. 14 crore (US$ 1.68 million) to PhysicsWallah. |
| 2021 |
In December 2021, S Chand And Company Limited agreed to acquire a minority stake in edtech startup iNeuron Intelligence Private Limited. In July 2021, S Chand and Company teamed up with Testbook Edu Solution to create a next generation 'SmartBook' to assist students preparing for competitive tests for government jobs, particularly those from rural areas of the country. S. Chand and Company Limited launched its web and mobile app for pre-schools under the brand name, ‘SmartK’. This mobile learning application service to the domestic market is multi-functional in nature, giving the user/teacher the capability to carry out any task for imparting education and maintaining a virtual classroom. |
| 2020 |
Launched personalised learning app ‘Learnflix’ in Uttar Pradesh. |
| 2019 |
Acquired balance 26% stake in Chhaya Prakashani. |
| 2018 |
Purchased 51% stake in Chetana Publications Pvt Ltd to expand its presence in school education space. S. Chand took over major stake in Kolkata based publisher, Chhaya Prakashani. |
| 2017 |
Became a listed company via IPO. |
| 2011 |
Restructuring to focus on education business. |
| 2010 |
Publishing and printing facilities set up at Rudrapur, Uttarakhand. |
| 2008 |
Formed a joint venture HMSC Learning Private Limited with Education Media and Publishing Group. |
| 2007 |
Entered hospitality business. |
| 2005 |
e-Class project by the Government of Uttarakhand. |
| 1971 |
Agreement for exclusive publication rights for certain Wren & Martin titles. |
| 1970 |
S Chand & Co., a partnership firm transferred its business into the Company. |
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