PNS launches 50 Vidyapeeth centres in India

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PNS launches 50 Vidyapeeth centres in India

With an investment of around 82 crore in technologies at these new units, the firm's senior company official said on Monday.

The firm also plans to dole out scholarships worth around 160 crore rupees in the next academic year.

We have added 50 Vidyapeeth Centres with investment of 10 million Rs. 82 crore in technologies at these centres. We'll be utilizing in-house tech innovation and offline solutions to help students achieve their goals.

Vidyapeeth centers will offer support for more than 15 hours a day and students will also have the provision to escalate any issue to our head office via the PW app, PW co-founder Prateek Maheshwari, said in a statement.

The edtech unicorn has already started operating 11 Vidyapeeth centers across the nation.

Vidyapeeth provides high-quality education to students in remote parts of the country, enabling them to study in their own cities.

We aim to help parents save money that would have been spent on hostel fees and other living expenses - which is typically twice the amount of academic fees, said PW founder Alakh Pandey.

Vidyapeeth centers will provide students with regular daily practice problems, video quizzes, and homework tracking, which can be accessed on the parent-student dashboard.

PW will upload all lectures on its app after every class.

The company has already crossed over 90,000 registers in the current academic year, and aims to reach 1.5 lakh during the session for JEE, NEET, foundation exams preparations.

In a statement, the company said that it has provided scholarships worth about 12 million dollars through the PW scholarship and the admission test SAT in the 2023 - 24 academic year to meritorious students and also those who cannot afford quality offline education.

The company also plans to give such scholarships worth 20 million about 160 crore in the next academic year, the company said in a statement.