HT Media to partner with Apollo Global affiliate
Joint venture aims to provide address the education-employment mismatch in the country
BestMediaInfo Bureau | Delhi | December 9, 2011
HT Media Limited has entered into an agreement with an affiliate of Apollo Global Inc. (USA) to participate in a 50:50 joint venture, which is intended to provide high quality educational services and programmes in India. The closure of the joint venture is subject to reasonable and customary closing conditions, which are expected to be satisfied in the near future.
The JV with Apollo Global, a subsidiary of Apollo Group Inc. (USA), is intended to address the urgent need in the country for quality educational services and address the “education?employment mismatch” to help India's business community better train and empower employees for a 21st century global workplace.
Apollo Global was formed in 2007. Through the roster of services it provides, it aims to broaden student opportunity, grow the knowledge base of the communities it serves and advance the educational landscape worldwide.
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