Threesixtyone Degree Minds to expand

Looks at around $2 m funding in the next 3 months

Threesixtyone Degree Minds (361 DM), a research and technology-driven organisation working in the area of learning and education, delivering solutions for corporates, governments, academic service providers, and universities/colleges, is expanding its activities by introducing more products in the coming years, according to its promoters.

361 DM was founded by C. P. Gopinath, P. Rammohan, and Ritu in 2006, who are alumni of BITS Pilani.

Company officials said it was re-founded in 2009 as a training company working with organisations in India, Thailand, Malaysia and Singapore. Over the years, it conducted training programmes for educational institutions, individuals and corporate teams comprising business heads and managers. 361 DM had designed and built a platform, i-meta, through which the programmes were delivered. It could deliver programmes to group sizes from 10s to 10,000s. The promoters said the company was looking at around $2 million funding in the next three months primarily to fund higher education and corporate business. Negotiations were on with private equity firms. It had eight products in the technical version and another 8-9 products in the non-technical version. It was planning to come out with more programmes in the next academic year, they said.

“We are in talks with medium and large-sized companies for corporate training. Around 7-8 companies, both in IT and manufacturing, in Chennai and Bangalore have evinced interest. We are also in touch with marketing and next generation companies.”

Tie-up with Annamalai University

The company in collaboration with Annamalai University introduced on-line MBA programme which are entirely corporate-centric. Three online MBA programmes in marketing and management, financial management and human resources management were being offered. To cater to the demand from ITeS and BPO segments, the company had recently introduced on-line BBA programme. The promoters said “we will emerge as the providers of easily accessible, effective, and reasonably priced education programmes to the masses.”

For more information, visit http://www.361dm.com