Starlineps Enterprises Ltd to invest Rs. 2.4 Mn in Fusion Klassroom Edutech Pvt Ltd

The Management of STARLINEPS ENTERPRISES LIMITED has decided to make a strategic investment of INR 2.4 Million in Fusion Klassroom Edutech Private Limited, valuing the Investee Company upto INR 650.00 Million. This investment secures a non-controlling equity stake of the Company in Fusion Klassroom Edutech Private Limited.

Klassroom operates as an Education OTT platform combined with offline learning centers, offering a hybrid education solution. The platform provides a variety of content, including academic subjects, skills training and competitive exam preparation, available through a subscription model.

Klassroom offers personalized, AI-driven learning features and multilingual content, making it stand out from competitors. Its affordable subscription plans and wide range of educational topics add to its appeal.

Shares of Starlineps Enterprises Ltd was last trading in BSE at Rs. 92.95 as compared to the previous close of Rs. 88.55. The total number of shares traded during the day was 814348 in over 7241 trades.

The stock hit an intraday high of Rs. 92.95 and intraday low of 92.00. The net turnover during the day was Rs. 75666407.00.

Source : Equity Bulls

Keywords

StarlinepsEnterprises INE594W01034 Investment FusionKlassroomEdutech