Q4 Concall;
Question : What white spaces do you still see now on those three verticals we operate and where we’re trying to get more acquisitions? We have a full book of products. Now the only thing is that we have to scale up. And you are contradicting that. You are saying that we still can go for more acquisitions or whether they will be bolt-on acquisitions or whether they will be in the same area just to ramp up the scale?
Answer by Rahul Arora: More than most, yes. I would not say from a capability standpoint we possess everything… There are still opportunities for capability expansion that allow us to move up/down the value chain. So we’re looking at those types of opportunities.We’re looking at opportunities that expand our geographic reach as well. For example, in FY’24, we expanded into Australia, New Zealand, as well as in China. There are still regions like, the Middle East as well as Latin America that we’re not currently very strong in. Also, certain parts of Europe where we’re not very strong. So there’s a geographic play that we’re looking at as well.
We are also looking to actively accelerate the education space. Today in the education space, a bulk of our revenue comes from K-12 as well as through publishing and our goal is to scale that into higher ed and specifically within higher ed within adult learning and educational institutes. So there’s still much juice left for us to acquire in terms of capability expansion, geographic expansion, as well as adjacent market expansion. So we’re looking at all three sectors.
| Subscribe To Our Free Newsletter |
