CL Educate will offer VMC’s JEE and NEET programs in Mumbai, Pune and GCC.
November 17, 2021, New Delhi: CL Educate (NSE, BSE: CLEDUCATE), an early trendsetter in India’s test preparation industry, has forged a strategic partnership with Vidya Mandir Classes (known as VMC), the original lead in coaching for JEE, for four decades. In the first phase, CL Educate will bring VMC’s classrooms and online premium programs in Mumbai, Pune and GCC (Dubai, Sharjah and Abu Dhabi).
Through the partnership, CL and VMC are planning to triple their JEE / NEET student numbers from the current 25,000 in three years. CL sees this alliance as a leader in many fields including education, management, law and UG-Aptitude as a leader in the 5 million JEE / NEET / Science department.
When commenting on a partnership, Sujata Kshirsagar, Chief Business Officer, Career Launcher “We believe that the CL-VMC alliance is the most capital-efficient way to win the flagship segment of India’s undergraduate space in JEE / NEET. The legacy of high ARPU, low CAC, our all-channel strength and excellent VMC results should enable us to emerge as a joint leader in this highly competitive space. “
In his comments, Abhishek S, Chief Business Officer, VMC Said, “VMC has been the undisputed leader in the mindshare of students preparing for JEE exams for 35+ years. Our name is synonymous with Innovative Initiative which is StudentFirst – our founding principle. NEET prep, online test preparation, and our recent success in new geographies have strengthened our belief in that founding principle. We are confident that CL’s all-channel network / online capabilities, along with our legacy and high-quality educational capabilities, will drive exponential expansion across India over the next 3 years. “
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