Business Update5 Jun 2026, 05:42 pm
Career Point Edutech Secures ₹1.5 Cr Work Order from VANARTI
AI Summary
Career Point Edutech Limited has secured a work order valued at ₹1.5 Crore from Vasantrao Naik Research and Training Institute (VANARTI), an autonomous institute of the Government of Maharashtra. The contract, valid for two years with potential annual extensions, involves providing online and offline coaching services for JEE, NEET, and CET examinations to students sponsored by VANARTI. Services include live lectures, mentoring, digital study materials, and performance tracking. Payments will be milestone-based. This order falls under the 'Business Update' category as it represents a new contract award.
Key Highlights
- Secured ₹1.5 Crore work order from Vasantrao Naik Research and Training Institute.
- Contract covers online/offline coaching for JEE/NEET/CET exams.
- Order is valid for two years, with potential for extension.
- Payment linked to course completion milestones.
- No promoter interest in the awarding entity.
Price Impact
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