Comp-u-Learn Tech India

CTIL Ltd
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 Increase 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) 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

Some of the Key People

Director: P Obul Reddy Director: Raj Nagesh Kosaraju Additional Director: K Bhavani Prasad Director: K Ramesh Additional Director: Guntur Madhava Rao Additional Director: Nandipati Venkata Simhadri Director: Aletti Renuka

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 won an 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

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