K-12 Techno Services

K-12 Techno Services

:::K12 Techno Services Pvt. Ltd :::.

HQ location
Bengaluru, India
Launch date
Enterprise value
$527m
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More about K-12 Techno Services
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K-12 Techno Services Private Limited, established in 2010, is an education services provider headquartered in Bengaluru, India. The company was founded by Jai Decosta, Maguluri Venkatanarayana, and Maguluri Sarath Chandra Srikanth. Jai Decosta, the current CEO, is a Chartered Accountant and an MBA graduate from IIM Bangalore, who has been pivotal in the company's growth since joining in 2010. His prior experience includes roles at prominent organizations like the Times Group, Tata Group, and ITC.

The firm operates on an asset-light business model, providing a comprehensive suite of services to educational institutions. These services span academic support, curriculum development, teacher training, technology integration, administrative solutions, and marketing. A significant part of its business involves managing schools under its proprietary brand, 'Orchids The International School', which has over 90 branches. For these schools, K-12 Techno Services manages the entire spectrum of operations, from providing teachers and curriculum to software and accounting services, typically under long-term contracts of 30-50 years.

The company serves two primary client segments. The first is through its managed school model under the 'Orchids' brand. The second is a B2B services business where schools operating under their own brand can selectively utilize K-12's offerings, such as assessment services, curriculum, or software. The company serves over 900 educational institutions and more than 350,000 students across India. Revenue is generated from the sale of these services and related products. For the fiscal year 2024, the company reported revenues of ₹429.2 crore and achieved a positive EBITDA of ₹80.37 crore, significantly reducing its losses by 75% from the previous year.

K-12's service portfolio includes several distinct products. 'Sparklebox' is an e-commerce store for custom activity kits, while 'Eduvate' offers custom solutions for school operations and curriculum design. Initially focused on low-cost schools, the company pivoted in 2015 to serve mid-market CBSE and ICSE schools. This strategic shift, combined with blending technology and upgraded teaching methodologies, has been central to its growth trajectory.

Keywords: education services provider, school management, K-12 education, Orchids The International School, end-to-end school services, academic support, curriculum development, teacher training, education technology, school administration, education marketing, B2B education solutions, Jai Decosta, school operations, Indian education market, edtech platform, CBSE schools, ICSE schools, private education, school infrastructure

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