Smart Institute, a subsidiary of The Shahani Group, intends to expand into India, South East Asia, and the MENA area. Within the next five years, the company plans to expand into 30 more locations around the country. Additionally, it considers investing in EdTech through its EdTech platform application request.CAREERS.
Smart Institute’s scope includes well-known trademarks such as Thadomal Shahani Centre for Management and Thadomal Shahani Centre for Media and Communication.
The institute plans to increase its presence in India. It also intends to raise $50 million in funding over the next five years in order to provide students with cutting-edge educational facilities while greatly extending its reach and capabilities. The group has asked German Boutique Investment Bank, IEG Investment Banking Group, to help with the fundraiser.
Mihir Kapoor, Managing Director of IEG (India), stated, “The global edtech space is expected to reach $341 billion by 2025.” The employability skill set will be a major priority in the future, and The Shahani Group, through its tech-based platform, Smart Institute, is well-positioned to capitalize. Smart Institute, like OYO, owns the whole platform on which it operates, utilizing its 100-year experience to ensure a quality teaching environment and guaranteed placement services.
Akhil Shahani, Managing Director of The Shahani Group, observed, “Technology is fast revolutionizing India’s education system and professional domain. In view of the rising demand for job-ready workers with extensive sector knowledge, students today are turning to smart classrooms, learning applications, on-the-go learning gadgets, and other tools to obtain a competitive advantage.”
“This has created tremendous opportunities for investors and entrepreneurs alike, culminating in our 30-city expansion plan. Furthermore, the trust and confidence shown in our project by the renowned worldwide investment bank and financial services holding company JPMorgan Chase & Co. demonstrates our credibility and commitment,” he added.
