Miles Education Invests $6 Mn To Set Up Learning Hubs
Learning hubs to be set up in 9 cities across India; to clock Rs 250 crore revenues by end of FY 2022-23
Miles Education, an edtech company in global finance and accounting certifications including CPA/CMA, has announced the appointment of education veteran and industry leader Vikas Gupta as the chairman of its board and Managing Director of the company. Gupta joins as part of the promoter group and his appointment in the new role is part of the larger growth strategy and plans that Miles is pursuing, to expand its portfolio of offerings and tap into newer geographies across India and the Middle East.
Miles announced that it has set up learning hubs in 9 cities across India and will expand to over 24 cities by the end of this financial year, including 10-15 tier II cities. The company is investing over $6 million in well-equipped residential infrastructure, the best faculty across regions and other training amenities, to ensure it can continue to nurture and produce the country’s best finance and accounting professionals globally, besides its other new course offerings. Miles has set up its hubs at present in Bangalore, Hyderabad, Pune, Chennai, Kochi, Delhi and Mumbai catering to an average of 25,000 students at any point in time, training in multiple courses and certifications. The company is slated to clock revenues of Rs 250 crore by end of FY 2022-23 as part of its growth plans.
Around The World