Investors like Globals
By Asha

Globals ITeS Pvt. Ltd., which specializes in developing quality technology solutions for the Education space along with Web, e-Commerce, and Mobile based solutions, has secured strategic investments from two investors, Encore Operating Partners, Mauritius, and Commonwealth Education Trust, UK.

The investments will facilitate Globals to dilute about 38 per cent stakes to Commonwealth Education Trust and Encore Operating Partners. This is the first time that Globals is securing an investment from strategic investors. Globals was started by Suhas Gopinath at the age of 14 from an internet café in Bangalore. Today it has grown into a multinational ICT consulting company. Suhas also serves on the ICT Board of the World Bank Group and World Economic Forum Advisory Board.

“Globals has carved a name in the education domain globally. The funds will go towards developing cloud-based products in the Education Space such as ERP Systems for K-12 Educational Institutions, low-cost Tablet PCs and Online Teacher Training platforms. We are very happy that top investment firms have invested in Globals. This is a testimony of our achievements, and thus to take forward our vision to use technology as an enabler to make quality education accessible and affordable at bottom of the pyramid” says Suhas Gopinath, Chairman & CEO, Globals.