IKidz, a preschool, has declared a substantial enlargement of its business activities, spanning various cities and states throughout India. Through this expansion initiative, the preschool intends to set up more than 200 centres, reaching across more than 90 cities by the end of the fiscal year 2024, according to an official release.
IKidz asserts that it currently accommodates an average of 40 students per centre, yielding a 170% return on investment. Building on the success of existing centres, IKidz is expanding its presence into regions such as Uttar Pradesh, Rajasthan, Gujarat, Maharashtra, Tamil Nadu, Karnataka and Madhya Pradesh, the release mentioned.
The upcoming IKidz centres claim to utilise their software, ‘IKidz Smart’—an AI-based tool crafted to support parents during the admission process. Additionally, this app will serve as an assessment tool, assisting parents and teachers in tracking a child’s academic development and observing the progress before and after enrollment at IKidz, as per the release.
Furthermore, IKidz has entered into a strategic partnership with Franchise India. Through this collaboration, the company plans to showcase its offerings at upcoming exhibitions in Indore, Jaipur and Chandigarh.
“With our expansion, we are aiming to bring forth an inclusive ecosystem of early education across the Indian periphery, ensuring that every child in the country has an equal opportunity to holistic growth and development,” Dhruv Ahuja, CEO, founder, IKidz, said.