<p>TeamLease Services Limited and Schoolguru Eduserve Private Limited, an online learning company that works with 18 universities, on Wednesday announced the signing of a definitive agreement under which TeamLease will acquire 40% stake in Schoolguru.</p>.<p>The transaction remains subject to customary closing conditions and regulatory approvals and is expected to close before the end of November 2017. Schoolguru will continue to operate as a separate and independent entity.</p>.<p>Schoolguru is a technology-led specialised academic services organization established in 2012. The platform is mobile native and is designed to adopt innovations in machine learning, multi-reality, and analytics to offer personalised and effective learning to millions, a release said.</p>.<p>Started with a team of five members, the company has grown into a team of over 125 employees, spread across 11 locations.</p>
<p>TeamLease Services Limited and Schoolguru Eduserve Private Limited, an online learning company that works with 18 universities, on Wednesday announced the signing of a definitive agreement under which TeamLease will acquire 40% stake in Schoolguru.</p>.<p>The transaction remains subject to customary closing conditions and regulatory approvals and is expected to close before the end of November 2017. Schoolguru will continue to operate as a separate and independent entity.</p>.<p>Schoolguru is a technology-led specialised academic services organization established in 2012. The platform is mobile native and is designed to adopt innovations in machine learning, multi-reality, and analytics to offer personalised and effective learning to millions, a release said.</p>.<p>Started with a team of five members, the company has grown into a team of over 125 employees, spread across 11 locations.</p>
