Chairman Satya Narayan R

Founded in 1996

Head Quarters New Delhi

Countries India, Middle East and USA

Revenue US$2947 million (2016)

 
● Career Launcher is among South Asia's leading edu-corporates andoffers career-oriented training
and preparatory education. It also partners with schools, universities and education companies
(publishers, e-learning companies and technology solutions providers) across the world. INTEL
Capital is a strategic investor in the company.
● Career Launcher has implemented advanced ERP, eCRM, Workflow and Content Management
solutions for managing its diverse operations and provides remote academic delivery through Voice
over IP (VOIP) and VSAT.
● Network of 200 test prep centers in 100 cities throughout India with 50,767 students enrolled.
● Vocational training courses, recruitment services, and training and management services for
government project.

Divisions

● Student Services Division: It provides examination preparatory education and career guidance
to over 25,000 high school and college students annually in over 70 Career Launcher centers in
India and Dubai.
●
● Institutional Services Division: It has an ESP (Education Service Provider) program for schools
that helps in supplementing the curriculum-based education to students and providing career
examination coaching. The ESP program provides technology-consulting services to schools and
provides professional training services for teachers and administrators.
●
● Academic Support Services Division: It provides outsourced academic support services to global
education service providers by providing live tutoring, content development and academic call
center services based out of India to students in any part of the world

Recent News

 CL has launched the Indus World School in Sainikpuri, Hyderabad (2006). Founded by a IIM and
IIT alumni, it has a broad based academic curriculum that is mandatory yet not conventional,
innovative, educative, entertaining and enhancing.
 CL Educate Ltd., parent of coaching services provider Career Launcher, launched its initial public
offering (IPO) on March 20, 2017 to raise Rs 239 crore at a valuation of Rs 711 crore.
  The company will use money raised from the fresh issuance to meet working capital requirem
ent, pare debt and fund acquisitions.

 CL Educate Ltd, the parent of test-preparation platform Career Launcher, has further invested in
Threesixtyone Degree Minds Consulting Pvt. Ltd, which runs online higher education brand
361minds.
 CL Educate put in an additional Rs 8 crore ($1.2 million) in the Chennai-based firm, according to
a stock market disclosure. The company already holds 4.43% stake in the online education
services provider.
 The company also signed a pact to acquire ETEN test prep business, a unit of coaching services
provider IndiaCan Education Pvt. Ltd. 

Financial Highlights
 CL Educate’s consolidated net worth stood at Rs 255.8 crore as on September 30, 2016.
 Growing at a compounded annual growth rate (CAGR) of 10 percent over the past four years, its
total revenue was Rs 296.7 crore in the financial year 2015-16.
 Net profit for the period stood at Rs 21.7 crore, growing at a CAGR of 14 percent in the last four
years.
 For the first half of financial year 2016-17, the company’s revenue stood at Rs 160.7 crore and
net profit at Rs 13 crore.