Currently, Kangaroo Kids has 27 schools, of which, four are company-owned company-operated schools.
Kangaroo Kids Education, a pre-school and K12 schooling firm, plans to expand to 350 pre-schools in next three to five years. The company has crossed the 100 pre-school mark in March 2019.
Seshasai KVS, CEO, Kangaroo Kids Education (KKEL), said, "The focus will be on the top 30 cities in India. This is where our major market is."
KKEL is also operating in the K-12 school education space through the Billabong High International Schools across India.
Currently, Kangaroo Kids has 27 schools, of which, four are company-owned company-operated schools. The firm is eyeing to add 10 such schools in the next three to five years.
"We do not want to blindly open schools across the country. We will be very selective and will take a call on opening every new school based on the franchise partner and the location. The partner should have financial stability and a long-term vision," Seshasai added.
An investment of at least Rs 15 crore-20 crore is required for setting up a school. The breakeven period in smaller towns is also generally longer.
Going forward, Kangaroo Kids aims to expand its school network in the GCC market into locations such as Kuwait, Saudi Arabia, Doha, Qatar and Bahrain.