Bangalore, September 30, 2014: Ace Creative Learning, one of the
pioneers of introducing the concept of integrated learning in schools for
students of class 11 and 12 in Karnataka, today, announced its foray into the
retail segment in education. As a first step in this process, the company
launched its flagship retail product, the DeekshaTab.
With an investment of Rs 5 crore on the development of the
DeekshaTab, Ace Creative Learning is looking at reaching out to 5000 customers
by the end of this financial year and is looking at revenues of Rs 15 crore
from the same.
The DeekshaTab will be launched in the market at a price of
Rs 34,999. The launch product is one among a series of products that Ace
Creative Learning plans to line up in the coming months, targeted at other competitive
exams such as JEE, NEET, GATE and UPSE. In addition to it, another area of
focus would be to develop products for students of class 5 to 12.
By the year 2020 Ace Creative Learning is looking at reaching
out to 50,000 students and acquiring a 20% market share in the education TABLET
business. Said, Dr. Sridhar G, Founder, Ace
Creative Learning “With our foray into the retail segment, Ace Creative
Learning is looking at raking in 100 crores in revenue in the next 3 years from
the new business and also expect it to grow to 35% of the total business by 2020.”
About DeekshaTab
DeekshaTab is a one stop shop for CET/COMED-K aspirants
across the country. Deeksha, with over 15 years of experience in coaching over
30,000 class XI/XII students in India for board and competitive exams, presents
this TAB with well researched, relevant and structured content to churn out the
best possible results for every student in the competitive exams they
face.
The system has around 10,000 questions and 10 full length mock
tests to provide adequate practice along with chapter and group chapter mock
tests.
The device, manufactured by Lenovo, weighs around 400 grams
and has an 8 inch display with captive touch screen and runs on Android 4.2
(Jelly Bean), and is extremely user friendly
About Ace Creative Learning Pvt Ltd:
Ace Creative Learning is a pioneer in integrated learning
systems in schools and colleges. It was established in 1998 by Dr. Sridhar G -
an alumnus of IIT Kharagpur, and a doctorate from The Johns Hopkins University-
with an aim to bridge the gap between schoolwork and preparation for
competitive exams and reduce the stress on students. Ace operates through three
distinct teaching environments – Deeksha Network, Ace Academy and Ace Online.
For further details please contact:
Yash M.B
9845389946; yash@torquemail.com
Lavanya Vasisht
9845372373; lavanya@torquemail.com
9845389946; yash@torquemail.com
Lavanya Vasisht
9845372373; lavanya@torquemail.com
Regards,
Lavanya P Vasisht
Torque Communications
877, 11th Main, 3rd Cross
HAL II Stage, Indiranagar
Bangalore 560038
877, 11th Main, 3rd Cross
HAL II Stage, Indiranagar
Bangalore 560038
Mobile : +91 98453 72373
Landline : +91 80 41159272
Fax : +91 80
41159274
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