Career Point signs MOU with Centre for a coaching program to students in Jaipur and Jodhpur

The agreement, which will remain be effective for a period of three years, is valued at about Rs5.5cr.

Apr 19, 2021 10:04 IST India Infoline News Service

Career Point Limited, a leading education company has announced that the company has signed a new agreement in the tutorial division with the Government of India’s Ministry of Social Justice and SS Empowerment. The agreement, which will remain be effective for a period of three years, is valued at about Rs5.5cr. Under the agreement, the Ministry will fund the expenditure of coaching program to SC/OBC students selected by Career point as per defined terms, at two locations namely Jaipur and Jodhpur.

Pramod Maheshwari, CMD and CEO of Kota Coaching at Home Career Point Limited said, “We are delighted to be associated with the honorable Ministry of Social Justice and Empowerment (MoSJE). Career Point has been delivering quality education for the last 28 years while earned a trust of about 4 lacs students from different geographies. The selection of Career Point by the Ministry further validates a conviction and confidence in our result oriented teaching methodology and dominance of brand Career Point in the test-prep segment.”

Mahesh Bhangriya, VP — Corporate Strategy, Career Point Ltd further commented, “To remain on forefront of the test-prep universe, we continually explore different innovations in our service delivery. Our latest initiatives including eCareerPoint, Vedam Learning make education more inclusive, equitable and relevant. We are pleased that our efforts were well appreciated by the Ministry of Social Justice and Empowerment while awarding us the order to coach students for the next 3 years.”

At around 10.22 am, Career Point Ltd was trading at Rs124.70 per piece down 2.65 or 2.08% from its previous closing of Rs127.35 per piece on the BSE.

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