New Delhi, Sept 18 (UNI) Educomp Solutions today said it has acquired 70.5 per cent strategic stake in Toronto-based Savvica Inc, an e-learning company.
Educomp's investment in Savicca is to leverage its Internet based competencies in the areas of community building, online tutoring, web based learning, and digital content, it said in a statement.
This is Educomp's forth acquistion this year after ThreeBrix e-services, an online tutoring company, Ask n Learn, Singapore's largest e-learning company and AuthorGen Technologies Pvt Ltd.
Savicca is focused on web based learning management and education communities. It owns a next generation platform for rapid creation and deployment of scaleable education communities.
Educomo is a leading technology driven education company in currently serving over 3.6 million learners and educators across India, USA and Singapore. Educomp has nine offices in India, one in the US and one in Singapore.