BCCL’s Brand Capital acquires stake in NumberNagar
MUMBAI: Brand Capital, the strategic investment arm of Bennett Coleman and Company Limited (BCCL), has acquired a strategic stake in Bengaluru-based NumberNagar, a premier Innovation in Experiential Learning (Maths, English, Science).
The strategic partnership is a significant milestone towards achieving NumberNagar’s vision of ‘being the household name as creators of disruptive learning solutions’. This partnership is intended to enhance brand visibility at a national level and boost the expansion of NumberNagar’s franchise business across India.
Launched in 2013, NumberNagar is a uniquely designed experiential learning solution for children of ages 6 to 14 with the objective of making learning contextual, engaging and enjoyable.
With strategic stakeholder Rajesh Dembla (Ex Justdial, presently investor with a hugely successful portfolio, including Dunzo – a Google-funded company and Survaider- funded by Axilor) leading the expansion effort, NumberNagar plans to establish a network of 300+ Franchises all over India in the next three years.
“With a steady increase in the number of happy customers, NumberNagar looks forward to expand its footprint to 300+ Franchises in India over the next three years. In this direction, we believe that the strategic partnership with Times Group will provide us with the necessary exposure to ensure the success of every Franchisee, build NumberNagar® as a national brand and expand our Franchise business,” says NumberNagar co-founder and CEO Ravi Shankar R.