Calorx to invest Rs. 400 cr to improve school-level education.

Calorx Foundation is planning investments to the tune of Rs. 400 crore over the next four years to increase the number of schools providing quality education to 100 from 35 across Gujarat, Maharashtra and Rajasthan through the franchisee and joint venture routes.

The foundation has also tied up with Bangalore-based Ace Creative Learning Pvt. Ltd. to teach the syllabi of joint entrance examinations (JEE) to professional courses in the new State Board-affiliated schools, which would also have separate 11th and 12th classes for CBSE students. 'The State boards are okay with our arrangement with Ace,' Manjula Pooja Shroff, Chairperson, Calorx Foundation, told Business Line

HBL.