Founding Years Learning Solutions acquires WeCare Schools

Posted by: at 7/05/2017 04:46:00 am

Strengthens its position as India’s largest chain of early childcare centers

Mumbai, 5 July 2017: Founding Years Learning Solutions, the parent company of KLAY Schools and The Little Company, has acquired Bangalore-based WeCare Schools in an acquisition with a sales consideration.

KLAY and WeCare, both operating on the non-franchise model, are two of the largest chains in Bangalore with the same learning methodology of Multiple Intelligence. The acquisition helps KLAY consolidate its position as the leader in the early childcare and education segment across the country as it boosts its portfolio with the operational excellence of a 9 year old brand.

WeCare Schools was founded in 2008, with 12 daycare centers in Bangalore and one in Hyderabad, WeCare was awarded the "Best Daycare cum Preschool in India" in 2017 by Katalyst Research and has also been ranked among Bengaluru's Top Preschools for seven consecutive years, from 2010 to 2016, by the Education World magazine.

Speaking on the acquisition, Priya Krishnan, Founder & CEO, Founding Years Learning Solutions said: “With the acquisition of what was a much-respected competitor such as WeCare, we gain a significant presence throughout all micro markets in and around Bangalore with over 30 centers in the city now. We have had great respect for the work they have done for the past nineyears and the goodwill they have created over this period.”

She added: “The acquisition should help us not just from a scale perspective, but also in terms of the knowledge and operational excellence that their team brings to the table”

Through this acquisition, Founding Years, KLAY's parent entity, now has an expanded footprint of over 75 centers pan-India, further strengthening its position as the largest non-franchise chain of early childcare centers in the country.

About KLAY Schools: 
KLAY Schools are a chain of high-end preparatory schools catering to preschoolers and providing day care and after school services. KLAY schools are set up by Founding Years – A multi-platform education services organization. KLAY the Best Play School in India caters to an age group of 1-10 years.  KLAY’s aim is to bring women back to the workforce and give them a safe, caring and a learning environment in which they can entrust their children. KLAY engages with multiple corporates through various daycare models designed to cater to the needs of the employees, leading to a committed and productive workforce.


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