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| ALLEN Career Institute, Bodhi Tree Systems announce strategic partnership | | | agencies
MUMBAI/KOTA, May 2: ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world's most admired and trusted education brand.
ALLEN is an education powerhouse with an unparalleled track record of success in the world's most competitive college entrance examinations and Olympiads. ALLEN has a pan-India foot print with a growing presence in middle east through 138 classroom centers in 46 cities, a team of highly dedicated and renowned faculty members, and a pedagogy that has been perfected over three decades.
ALLEN's partnership with Bodhi Tree Systems will build further on the test-prep offering and deliver at-scale positive impact for millions of students in test-prep and K12 segments, using technology as the core driver of value. Bodhi Tree Systems is a newly formed platform between Lupa Systems Founder and CEO James Murdochand Uday Shankar, the former president of The Walt Disney Company Asia Pacific and former Chairman of Star and Disney India. Bodhi Tree Systems will leverage its founders' shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future. Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.
"Education is a critical consumer need, driven by its deeply transformative impact on lives and livelihoods of consumers," Murdoch and Shankar said. "We believe that education is on the cusp of a technology led renaissance that will fundamentally alter how education is imparted and will increase its efficacy. ALLEN's success and scale provide the right foundation to build the digital education company of the future. We are excited to work with the Maheshwari family to build an outcomes-focused digital education company that delivers on the aspirations of millions of learners and parents in India and beyond."
Founded by Rajesh Maheshwari in 1988, ALLEN is India's most respected test prep brand that has created a positive transformational impact on over 2.5 million young lives since its inception. Aspirants for engineering and medical college entrance exams have gained tremendously from ALLEN's high-quality pedagogy, resulting in an unparalleled track record of selections in prestigious exams such as IIT JEE Mains &Advanced, NEET-UG, KVPY, and the Olympiads.
Senior-most Director of ALLEN, Govind Maheshwari, said, "Our decision to enter into this strategic partnership with Bodhi Tree is founded on shared values, principles and an aligned vision of creating societal impact at scale through education globally."
ALLEN's Director Naveen Maheshwari said, "The journey of ALLEN has been one of always giving back to the society. ALLEN's student-centric caring system has been its highlight. We believe this partnership is only going to take our pedagogy, caring-system and values to a very wide student community which was not able to associate with ALLEN otherwise due to physical constraints."
Chairman-designate of the new Board, Brajesh Maheshwari said, "Most of the edtech products & services in the market are currently not solving for the needs of a student. With ALLEN's time-tested pedagogy and Bodhi Tree's track record in technology, the 2 T's-Teaching and 'Technology, will now come together to finally solve the problems of millions of students of outcome-driven learning in a tech-enabled environment." |
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