Little Einsteins Preschool forays into international market, to invest USD 500,000 in Europe and Africa
Little
Einsteins Preschool is the first in Indian preschool to expand into Europe and
African Market
Will
be investing USD 500,000 for setting up local infrastructure and marketing
To
set up 20 pre-schools in UK and Africa by 2018
Spread
across 27 cities in India with over 57 pre-school centers, Little Einstein’s is
the fastest growing Preschool in India
by Shrutee K/DNS
Mumbai,
September 18, 2017: Little
Einsteins, announced its foray into European and African market when it
entered into an agreement with a center in Hull, United Kingdom and another one
at Polokwane, South Africa. The institute will also be investing USD 500,000
over the next one year towards setting up local offices and marketing. With this, Little Einsteins is well placed to
expand its network of preschools in these countries along with an excellent
local support system.
Talking about the foray, Vinit
Srivastava, Co-founder, Little Einsteins, said, “While we had a lot of international chains
coming to India to establish their presence, this would be the first Indian
preschool chain to be going to developed nations. Little Einsteins has been a pioneer in
providing preschool education under Mulitple Intelligence Framework, fostering
an environment of creative, critical and divergent thinkers. To date, Little
Einstein preschool has had over 5000 ignited minds pass out.”
“Identifying,
developing and nurturing the kids as per their unique potential has been our
guiding philosophy. During one of my visits to Sweden (Sweden is ranked number one
globally in preschool education) and working with preschool owners there, I
realized the opportunity for a better collaborative approach in preschool
education across nations. Now with access to UK and South African talented and
experienced partners, we should be able to develop and provide a better and
safer place for our kids” Says Ms. Kopal
Maheshwari, Chairperson at Little Einsteins.
Talking about future plans, Vinit
Srivastava, further added, “We would be
setting up around 20 preschools in Europe and Africa, by end of 2018. We are
also in conversations with couple of other markets as well. We plan to work
very closely with each preschool market, pick up the best practices and
implement across. We recognize that our
success is totally dependent on our partner’s success, hence we continue to
work on strengthening our partner support system through operation excellence
and technological innovations.”
Wendy, with her
25+ years of experience and considered one of the experts in early childhood
education, based out of Hull, United Kingdom, is excited about this
opportunity, “Now, the company has the
opportunity to grow beyond the domestic borders, overseas. The Local partners
have the opportunity to add valuable diversity to the setting and education of
the children and to have an invaluable joining and sharing of curriculums to
provide excellence.”
Commenting on the opportunity, Little Einstein’s South African partner,
Christelle, “We are so excited about
the future of Little Einsteins, as we have just partnered with Little Einsteins
Franchise. Our future looks bright and we look forward to working together,
educating children all over South Africa in a manner that will uphold a high
standard of learning. We look forward to welcoming new franchisees on board and
assisting and guiding them to also have a fun educational experience. Let’s
create many years of safe, happy and fun learning for our children.”
About Little Einsteins: Little Einsteins was founded by
entrepreneur couple Ms. Kopal Maheshwari and Mr. Vinit Srivastava. The preschool education is based on the
multiple intelligence framework suggested by Dr Howard Gardner, a renowned
cognitive psychologist from Harvard. Little Einsteins has pan India operations
with more than 50 centers and uses their unique entrepreneur friendly
franchisee program for expansion.
About Vinit Srivastava
Vinit has been a serial
entrepreneur, investor with 15+ years of senior leadership in corporate roles.
Vinit is a member of The Chennai
Angels and other angel groups participating in mentoring and fundraising for
startups. Some of his startup investments have been in Purplle, PickMe,
Appreize. He is an IIM Calcutta graduate.
His latest venture was DriversKart,
an on demand Chauffeur Service. He scaled up the operations in top five cities,
making it one of the top players in space. He successfully raised a round of
3Cr as well, for his venture in what many considered a tough market for fund
raise. He later exited by selling off the Coonay in April 2017.
He co-founded Little Einsteins, a
chain of preschool based on Multiple Intelligence, along with his wife, Kopal.
In the years 2012 and 2016, Little Einsteins ranked as top 10 preschool chains
in India. He is involved with Little Einsteins, offering his expertise on
growth and helping them on expansion strategy through franchisee network in
India. His other venture has been in QSR space with presence in Chennai.
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