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| 2mCL Educate hikes stake in 361DM, gets board control
CL Educate, the owner of Career Launcher, has increased its stake in online program management company 361DM Learning & Education. The additional investment of INR 79 lakh takes its stake in the parent company, 361 Degree Minds, to nearly 39%. Consequently, CL Educate now has the right to appoint most board members and assume control of the company. P Ram Mohan, Director of 361 Degree Minds, highlighted that this move would enable their growth under the guidance of Prof Sadagopan. CL Educate offers a range of educational services, including test preparation, publishing, vocational training, and marketing.
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