Career Point, nation's leading education and training player announced the signing of the deal with Mumbai based Ed-tech company Plancess Edusolutions.

The management of Career Point and Plancess have agreed and entered into the confidential, exclusive and irrevocable agreements to execute the transaction. Now both the companies together will obtain all applicable regulatory approvals. In the due course, Career Point will have an exclusive license agreement to sell the Plancess eLeaming products.

Pramod Maheshwari, Chairman and Managing Director at Career Point, said, ''Similar to other sectors, technology is a great enabler in the field of education and expanding the entire education market. However, the success of any ed-tech offering depends on 3 key components-i) Content, ii) Technology, & iii) Brand. Plancess' comprehensive content with advanced technology is now blended with Career Point’s legacy of last 25 years in- delivering exemplary education. This compelling proposition will certainly help us in our mission to reinvent delivering of quality education to wide spectrum of student base. We would further look forward for similar opportunities to strengthen the entire educational offering.''