Comp-u-Learn Tech India Ltd

Comp-u-Learn Tech India Ltd

Type	Public BSE: 532363
Industry	IT services Education
Founded	1997
Headquarters	Hyderabad, Andhra Pradesh, India
Key people	P. V. V. SATYANARAYANA (Chairman)[1][2] K. S. RAO (Managing Director)[3]
Products	Software
Services	BPO Software Products E-learning
Revenue	28.46 Crore (2010)[4]
Subsidiaries	SPRY Resources India Pvt Ltd ACE BPO Services Pvt. Ltd CTIL Infrastructure (P) Ltd
Website	Official Website

Comp-U-Learn Tech India Ltd (CTIL) (BSE: 532363) is a computer software services company established in 1997 and is based in Hyderabad, Andhra Pradesh, India.^[5] The company provides and services worldwide like internet based solutions, education & training, e-commerce solutions, Software Design and Development, end to end IT and business solutions.^[6][7]

The company is listed on the Bombay Stock Exchange of India.^[8] CTIL is headquartered in Hyderabad and has offices in Bangalore, Chennai, Goa.

History

CTIL was incorporated as a private limited company on 22 April 1997 under the Companies Act, 1956 and was converted into Public Limited Company on 10 January 2000.^[9]

Services

Comp-u-Learn Tech India main service offerings are along the following business lines

• Software Development & Solutions
• Business Process Outsourcing
• Education and Training

The company also develops software for emergency medical services.^[10]

CTIL Infrastructure Limited is formed as wholly owned subsidiary of the Company with diversification plans to set up 405 MWS Coal fired Thermal Power plant near JIRAL Village, Bhuban block, Kamakhayanagar, Tahasil, Dhenkanal District, Orissa State. In 2009, Comp U Learn Tech India has bagged order of US$ 1,113,000 from Vetco International & Fajr International companies who are authorized holders for supply of software for health and education services in UAE.^[11] In 2010, CTIL has got the Rashtriya Swasthya Bima Yojana order from Uttar Pradesh Government worth of () 19.36 crore.^[12]

Acquisitions

• In 2009, the company acquired 55% majority stake of Hyderabad based SPRY Resources India Pvt Ltd involved in development and execution of e-Governance solutions for State Governments for about 40 Million.^[13][14]
• In October 2009, Comp U Learn board approved the acquisition of a 60% stake in Boden Services Inc, an IT Services company in New Jersey, USA for $1.5 million.^[15]
• In the same year the company acquired 60% Stake in ACE BPO Services Pvt Ltd is a healthcare focused IT enabled services company for about 3.6 crores.^[16]
• CTIL also acquired 51% stake in M/s Shouk Investement Consultancy, Dubai^[17] for the purpose of business development in Middle east and African countries. Name of the firm has been changed to M/s COMPULEARN MIDDLE EAST FZC.^[13]

References

1. ^ PVVV Satyanarayana is the new Chairman of Comp U Learn Tech :: Andhra Business : Growing with AP :
2. ^ :: Welcome to Comp-U-Learn Tech India Ltd ::
3. ^ COMP-U-LEARN TECH INDIA LTD (CLTI:IN): CEO & Executives - BusinessWeek
4. ^ ICICI direct.com :: Research
5. ^ COMP-U-LEARN TECH INDIA LTD (CLTI:IN): Company Description - BusinessWeek
6. ^ Comp-u-Learn Tech India Ltd. Detailed Company Profile, Company Overview -Shine.com
7. ^ Welcome to Comp-U-Learn Tech India Ltd
8. ^ BSE Plus
9. ^ Welcome to Comp-U-Learn Tech India Ltd
10. ^ COMP-U-LEARN TECH INDIA LTD (CLTI:IN): Stock Quote & Company Profile - BusinessWeek
11. ^ Comp U Learn Tech India bags orders - NDTV Profit
12. ^ Comp-U-Learn bags RSBY order | iGovernment.in
13. ^ ^{a b} COMPULE Directors Report | Comp-u-Learn Tech India Ltd Directors Report
14. ^ Comp U Learn to acquire SPRY Resources :: Andhra Business : Growing with AP :
15. ^ http://www.vccircle.com/500/news/comp-u-learn-may-buy-major-stake-in-ace-bpo-services
16. ^ http://www.valuenotes.com/HBJCapital/hbj_Comp-U-LearnTech_13May10.pdf
17. ^ CompULearn Tech to partner Dubai company, acquires a software firm :: Andhra Business : Growing with AP :