Tuesday, November 6, 2007

24/7 Learning Raises $4 Million From Capital18, Venture Capital Arm Of Network18 - reports VC Circle

24×7 Learning, a leading Indian elearning implementation company, has received $4 million investment from Capital18, the venture capital and private equity arm of the media group Network18 (earlier known as TV18).

The investment will be used for technology innovation, foray into new markets, expansion in solution offerings, talent acquisition and capacity expansion to further consolidate its position in the rapidly growing market, a release said.

24×7 Learning provides learning solutions for corporates and institutions including higher educational institutes to harness the potential of eLearning for their distance learning programs.

Karthik KS is the CEO of 24×7 Learning. Sarbvir Singh is the Managing Director of Capital18.

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