The initial public offer (IPO) of EdServ Softsystems of Rs 20 crore (Rs 200 million) managed to sail through even while the Rs 44 crore (Rs 440 million) IPO of Gemini Engi-Fab had to be withdrawn last week due to lack of investor interest.
EdServ founder S Giridharan speaks about how he became an entrepreneur and chose the field of education to work in.
Allocation for the sector has been set at Rs 52,057 crore, up from Rs. 31,036 crore in the previous year.