CL Educate invests $1.2m more in 361 Minds

Date posted: Wednesday 26 July 2017

CL Educate Ltd, the parent of test-preparation platform Career Launcher, has invested an additional Rs.8 crore($1.2 million) in Threesixtyone Degree Minds Consulting Pvt. Ltd, that operates online education portal 361minds. CL Educate has, in turn, increased its holding in the Chennai-based firm, in which it already holds 4.43 per cent stake. The investment was made to enhance reach, exploit synergies and add to delivering channels.

(DealStreet Asia)