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Deal Alert: Rajasthan Venture acquires 30% stake in vocational education co Shree EduServe

From the Press Release: Rajasthan Venture (RVCF) has taken about 30% stake in an early stage vocational training education company, Shree Eduserve Pvt Ltd. , having over 65 centers across the country. Shree Eduserve Pvt. Ltd. , a fast growing company founded in 2006 , has been developing new generation products for better understanding and imparting quality education and vocational training. The company is headquartered in Jaipur with franchisee all over Rajasthan and parts of India. According to Mr Girish Gupta, CEO of Rajasthan Venture “RVCF funding will enable Shree Eduserve to widen its scope by enhancing existing e-learning product features and expanding its reach to other states as well. India’s Education Sector is estimated to be worth US Dollar 60 billion. Out of this, vocational training accounts for US Dollar 1.50 billion. The vocational training market in India is estimated to witness a growth rate of about 20% per annum in next few years. English and related trainin...