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MBD Group plans to spend Rs 100 crore on its e-learning portal

Publishing house MBD Group plans to invest Rs 100 crore ($25 million) in the next three years on developing its interactive e-learning portal MBDAlchemie.com that aims to offer customised educational e-content for schools, corporate houses and those preparing for competitive examinations.

Publishing house MBD Group plans to invest Rs 100 crore ($25 million) in the next three years on developing its interactive e-learning portal MBDAlchemie.com that aims to offer customised educational e-content for schools, corporate houses and those preparing for competitive examinations.

“We have already invested nearly Rs 30 crore in the last eight months and would invest an additional Rs 100 crore within the next three years,” Monica Malhotra Kandhari, senior director, MBD Group, has been quoted by Sify as saying.

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