New Delhi, 03 February 2022 Career Launcher, the EdTech arm of CL Educate, formally announced the launch of 'Young Genius' range of programs e focussed on Class 9th and 10th students.
These programs serve as strong concept and foundation building courses in grades IX and X and covers various competitive examinations including CU-CET, JEE, NEET, Law and IPM/BBA etc in addition to the subjects relevant for board examinations. "This early foundational effort helps in accelerated progress during classes XI and XII" said Shiva Kumar, an IIT-IIM alum himself and the Director - Academics at Career Launcher.
CL has rolled out foundation programs for LAW/IPM/BBA/CU-CET and for JEE/NEET catering exclusively to Class 9th and 10th students and also helps them choose the right stream as they progress in class XI. It is estimated that after the class 10th board examinations, about 30-35% of students choose to take up science stream, 35-40% choose commerce stream and the remaining 25-30 choose arts/ humanities stream. " Getting earlier into this Class 9th-10th segment enables CL build brand loyalty, longer annuity revenues" said Himanshu Jain, President and COO, Career Launcher.
Elaborating on the addressable opportunity, Mr. Jain shared that over 3 crore students appear for board examinations out of which CU-CET, NEET and JEE would have approximately 75-100 lakh, 22 lakh and 15 lakh aspirants respectively. CL aims to reach these students in the top 1000 cities and towns in the next 3-5 years through our blended model of online-offline and driven through the partner network model that is hyper-local and asset-light.
Career Launcher announced the signing up of 5 new partners exclusively for Foundation/JEE/NEET products in the last quarter including in Kolkata, Patna, Bardoli (Gujarat) and Purnea (Bihar). The total number of cities offering Foundation /JEE/NEET/Foundation range of programs in India including franchisees and company owned centres (primarily in Mumbai and Pune) now stands at 25+. CL recently have also announced the collaboration with VMC (Vidya Mandir Classes), a well-known Delhi based brand as an exclusive partner for Mumbai, Pune and Gulf (GCC) geographies with centres at Dubai, Abu Dhabi and Sharjah.
With legacy of 25+ years, operational excellence in the test prep industry, strong student selection records, pan India network of 150+ CL centres and the trust of millions of students and parents, CL envisions as a leader in the coaching business that can grow to every district in the country to enable youth and young adults with program from the age of 13 all the way to post-university and thus achieve their career goals.
Team Corporate Communications
CL Educate Ltd.