Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

GlobalSpace subsidiary Makebot Makes inroads into Global market

Posted On: 2020-08-09 22:07:43 (Time Zone: Arizona, USA)


GlobalSpace Technologies Limited is delighted to inform our esteemed stakeholders about the major breakthrough made by our subsidiary - Makebot in establishing its global footprint. Makebot's unified digital platform is gaining great traction from domestic as well as International students.

Makebot Robotic Solutions Pvt. Ltd., India's leading STEAM education company has recently announced its international operations in Asia-Pacific & middle east regions for its STEAM certification programs. Makebot has taken substantial step by signing MoUs with 7 established partners in countries like Malaysia (2), Singapore (1), Indonesia (1), Australia (1), New Zealand (1) and Dubai (1). Makebot will be rolling out its STEAM education programs along with coding in the mentioned countries in association with its channel partners, which will target the students of 4-18 years age group.

Commenting on Makebot's entry into the International Market, Mr. Amit Verma, Director of Makebot, 'We have always put our efforts towards achieving our mission to engage, educate & empower children to think creatively by involving them with STEAM through experiential learning which will foster life skills in children. We at Makebot have signed an exclusive partnership with University of Malaya (https://www.um.edu.my/), to offer co-branded STEAM certification for its domestics & international students. University of Malaya is a strategic alliance and a valued partner to expand Makebot STEAM education programs globally since it's a well-known brand in providing STEAM education. We are also in talks with few more international partners for its EU & US markets and in final discussions for the same. Moreover, few more international universities collaborations are in pipeline as part of expansion plans. We are optimistic to reach out every student going forward.'

Commenting on the recent Development, Mr. Krishna Singh, Founder & CMD of GlobalSpace Technologies Ltd said, 'We are quite excited and very optimistic about the breakthrough we have made of taking Makebot to the Global market. Initially, STEAM learning was more prevalent in developed countries like US, Europe, etc. However, our subsidiary - an early mover in India have been able to establish and make breakthroughs in other Countries as well, which is very encouraging for us to reach our future prospects.'

He further added, 'We have seen a major rise in interest for STEAM learning in Indian markets. We have also witnessed few deals happening within these segments, as one of the leading digital Education providers has done major acquisition in the STEAM learning space. This itself shows a potential of STEAM learning in India as well as in other markets. We have been already established in India and this foray in International market will help us significantly to increase our presence. We see substantial increase in demand considering the recently announced 'National Educational Policy' by Government of India.'

Shares of Globalspace Technologies Ltd was last trading in BSE at Rs.84.5 as compared to the previous close of Rs. 82.85. The total number of shares traded during the day was 88315 in over 247 trades.

The stock hit an intraday high of Rs. 93.8 and intraday low of 84. The net turnover during the day was Rs. 7606743.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Hinduja Global Solutions Limited arm raises stake in HGS Digital LLC to 100%

Adani Green Energy Signs Agreement to Acquire 20 MW Operating Solar Asset for INR 133 cr

Steel Exchange India Limited receives OTS sanction letters from all lenders

DCB Bank Ltd posts Q3FY21 net profit of Rs. 96.21 crore

Vivanza Biosciences Ltd posts consolidated PAT of Rs. 0.16 crore in Q3

Arihant Superstructures Ltd Q3FY21 consolidated net profit at Rs. 1.94 crore

ICRA reaffirms rating of IIFL Finance Ltd, IIFL Home Finance Ltd

Zenotech Laboratories Ltd appoints Mr. Devendra Chandrakant S. Kenkre as CEO

Polycab India Ltd reports Q3FY21 consolidated PAT of Rs. 262.50 crore

JM Financial Ltd posts consolidated PAT of Rs. 180.76 crore in Q3 FY2020-21

Birla Corporation Ltd Q3FY21 consolidated PAT at Rs. 148.42 crores

Sportking India Ltd Q3 net profit zooms to Rs. 30.32 crore

APM Finvest Ltd Q3FY21 net profit jumps to Rs. 6.90 crore

Ultratech Cement Ltd reports jump in Q3FY21 consolidated PAT to Rs. 1584.34 crores

Supreme Industries Ltd Q3FY21 Q3FY21 consolidated PAT zooms to Rs. 312.28 crore

Mahindra Lifespaces achieves residential sales of Rs. 195 crores during Q3FY21 up 70% over Q2FY21

Rossari Biotech Ltd Q3FY21 consolidated PAT up at Rs. 21.60 crore

Vimta Labs Ltd Q3FY21 net profit up at Rs. 8.01 crore

Pudumjee Paper Products Ltd reports loss in Q3FY21

Zydus Cadila receives final approval from USFDA for Liothyronine Sodium Tablets

Tata Power Solar receives the EPC order for INR 1200 Crore from NTPC for setting up of 320MW ground mounted Solar PV project

Pil Italica Lifestyle Ltd Q3FY21 PAT at Rs. 2.02 crore

Apollo Hospitals Enterprise Limited raises funds through QIP at Rs. 2511 per share

Sadbhav Infrastructure Project Limited board to consider issue of NCDs

Wendt India Ltd board declares interim dividend of Rs. 10 for FY21

Kriti Nutrients Ltd Q3FY21 net profit at Rs. 3.56 crore

Jio Platforms Ltd Q3FY21 PAT rises 15.5% QoQ

Reliance Industries Ltd Q3FY21 consolidated net profit jumps to Rs. 13101 crore

IndiGo strengthens regional connectivity, launches Agra as 64th domestic destination

Kewal Kiran Clothing Ltd board declares 2nd interim dividend of Rs. 8

Isgec Bags prestigious orders for Air Pollution Control Equipment

Tata Motors increases passenger vehicle prices from today

Kewal Kiran Clothing Ltd Q3FY21 consolidated PAT at Rs. 10.84 crore

Fineotex Chemical Ltd Q3FY21 consolidated net profit up at Rs. 13.07 crore

Swaraj Engines Posts its Ever Best Q3 Performance

Crompton Greaves Consumer Electricals Ltd Q3FY21 consolidated net profit at Rs. 151.09 crore

Oberoi Realty Ltd posts consolidated PAT of Rs. 286.65 crore in Q3FY21

Gland Pharma Ltd Q3FY21 net profit at Rs. 204.10 crore

Aditya Birla Group flagship Grasim to foray into the Paints Business

OMAX Autos Ltd commences commercial production of new unit

Spark Minda appoints Mr. Biranchi Mohapatra as the CEO for Business Vertical II - Information and Connected Systems

IndiGrid increases distribution to INR 3.10 per unit / Quarter

NTPC to raise Rs. 2,500 crore through private placement of bods

Century Textiles & Industries Ltd posts consolidated PAT of Rs. 32.11 crores in Q3

YES Bank Ltd reports Q3FY21 consolidated PAT of Rs. 147.68 crore

SBI Life Insurance Company Ltd Q3FY21 PAT lower at Rs. 232.85 crore

Kriti Industries Ltd posts Rs. 17.74 crore consolidated PAT in Q3FY21

HDFC Life Insurance Company Ltd Q3FY21 consolidated PAT at Rs. 263.44 crore

JSW Steel Ltd posts consolidated PAT of Rs. 2681 crores in Q3 FY2020-21

Symphony Limited board declares interim dividend of Rs. 1 for FY21



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020