Vjtf Eduservices
VJTF Eduservices Limited is a BSE-listed Indian education company operating Witty International School and Witty Kids brands through direct and franchise models, offering K-12 and pre-school education alongside B2B consultancy, curriculum, training, and institutional management services across Maharashtra and Rajasthan.
- Company typePublic
- Founded1984
- HeadquartersMumbai, India
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Vjtf Eduservices does
VJTF Eduservices Limited is a publicly listed (BSE: 509026) education services and consultancy company headquartered in Mumbai, India, operating under the Witty International School and Witty Kids brands. The company originated as Hazlitt Leasing & Finance Limited in 1984, transitioned through finance and renamed itself VJTF Eduservices in 2013 following the amalgamation of VJTF (P) Limited, and now serves K-12, pre-school, and inclusive education segments through a combination of directly operated schools (Malad flagship with 1,400+ students), franchised schools (Bhilwara and Udaipur with combined enrollment of ~796 students), and B2B advisory services targeting educational institutions, developers, and entrepreneurs. Its product surface spans institution setup, institutional management under revenue-share joint ventures, curriculum design, education quality audits, training programs, HR and administration support, inclusive education practices, and consultancy for University of Cambridge-affiliated CIPP, IGCSE, and A Level programs. The company additionally retains its NBFC license with the Reserve Bank of India, generating investment income from equity, debentures, mutual funds, PMS, and AIF holdings that is recognized as revenue from operations.
Revenue is generated through three streams: education consultancy and advisory fees on a quote-based professional services basis, franchise royalties of 9% (Bhilwara) and 12% (Udaipur) on gross collections from franchisee schools, and NBFC investment income from interest and dividends across diversified asset classes. Customer acquisition relies on direct B2B partnerships, investor-relations communications, and corporate-governance disclosures rather than digital marketing, and the company actively solicits land-lease proposals (30-year tenure, 0.5–12 acres) and capital through secured NCDs to fund expansion into 3-tier towns across India. Customer-facing technology is limited to the corporate website (vjtf.com), with no disclosed proprietary platform, mobile application, or AI/ML capability. Strategic direction is family-led, with promoter-Dr. Vinay Jain serving as CEO and Managing Director and Dr. Raina Jain as Whole-Time Director, supported by a board that includes four non-executive independent directors and a separately operated Student Housing division.
Vjtf Eduservices firmographics
Firmographics- Name
- Vjtf Eduservices
- Legal name
- VJTF EDUSERVICES LIMITED
- Website
- https://vjtf.com
- Company type
- Public
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- VJTF Eduservices Limited is a BSE-listed Indian education company operating Witty International School and Witty Kids brands through direct and franchise models, offering K-12 and pre-school education alongside B2B consultancy, curriculum, training, and institutional management services across Maharashtra and Rajasthan.
- Ownership category
- akta.pro rank
Vjtf Eduservices industry classification
Industry- Product category
- Education Services and K-12 School Management
- NAICS
- Educational Support Services (611710), Professional and Management Development Training (611430)
- SIC
- Services-Educational Services (8200), Services-Management Services (8741)
- akta.pro primary industry
- Corporate Learning & Training Content Development (EDAGAKAC)
- akta.pro secondary industry
- Digital Learning Content Development (eLearning, Labs, Simulations) (BPAEANAD)
Keywords
Where Vjtf Eduservices is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Vjtf Eduservices business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Education Consultancy and Advisory Services: Revenue from providing education consultancy services including institutional management, curriculum development, training programs, and education quality audits.
- Franchise Royalty Fees: The company charges royalty fees on gross collections from franchisee schools. Bhilwara School franchisee pays 9% royalty fee on gross collections. Udaipur School franchisee pays 12% royalty fee on gross collections.
- NBFC Investment Income: The company retains its NBFC license and earns income from interest and dividend on investments in quoted and unquoted equity shares, debentures, mutual funds, portfolio management services (PMS), Alternative Investment Fund (AIF), and other permissible investment avenues.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Bhilwara School franchise royalty fee |
| Transaction based/ take rate | Pay-as-you-go | Udaipur School franchise royalty fee |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
Vjtf Eduservices product offering
Product offeringCore offering
VJTF Eduservices is a 40-year-old training and consultancy house that provides end-to-end education services including institution setup, institutional management, curriculum development, training programs, HR and administration support, and education quality audits. The company operates its own chain of K-12 schools and pre-schools under the Witty International School and Witty Kids brands through both company-owned and franchise models, primarily targeting schools and educational institutions across India.
Product overview
VJTF Eduservices operates as a diversified education services company with two primary brand offerings: Witty International School (K-12) and Witty Kids (pre-school), both operating under company-owned and franchise models. The company provides a comprehensive suite of educational consultancy and advisory services including institution setup, institutional management, curriculum development, training programs, education quality audits, HR & admin support, and specialized programs for inclusive education and international curriculum implementation (CIPP, IGCSE, A Level). The portfolio spans from early childhood education through higher education, with schools located in Mumbai, Udaipur, and Bhilwara, and consultancy services targeting educational institutions across India.
Differentiator
Problem solved
Functional benefit
Brands
- Witty Kids: Pre-school brand operated by the company
- Witty International School
Products and services
- Witty International School The company's flagship K-12 school brand operating under franchise and company-owned models, offering CBSE and IGCSE curriculum affiliations across multiple locations including Mumbai, Udaipur, and Bhilwara.
- Witty Kids
Quantifiable outcome
- School achieves respectable name in span of 4-5 years with company support
- +1 more outcomes
Companies that use Vjtf Eduservices
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Vjtf Eduservices technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Vjtf Eduservices partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Land Developers and OwnerscoreThe company invites developers and land owners to develop their land and lease it to the company on a long term basis (30 years). Land size ranges from 0.5 acres to 12 acres with minimum constructed area of 50,000 sq.ft. Lease proposals with buy back option after 9 years are also available.
- University of CambridgeminorThe company offers complete consultancy for launching of an International School affiliated to the University of Cambridge, UK. They deliver specific training programs to schools for successful launch of CIPP, IGCSE and A Level Programs.
- VJTF Buildcon Pvt LtdcoreSubsidiary company of VJTF Eduservices. Financial statements of the subsidiary company are available for fiscal years 2019, 2020, and 2021 on the company website.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
Vjtf Eduservices competitors and assessment
Company assessmentDirect peers
- VIBGYOR Group of Schools: Premium K-12 chain offering CBSE, ICSE, IGCSE and Cambridge programs across India, comparable to VJTF on international curriculum offerings and multi-format school operations.
- Podar Education Network: Large K-12 chain with franchise and own-school operations across India offering CBSE and ICSE curricula, paralleling VJTF's direct-and-franchise hybrid school model.
- Zee Learn (Zee Kids / Kidzee): India's largest preschool franchise network with K-12 extension (Mount Litera). Directly comparable to VJTF's combination of preschool (Witty Kids) + K-12 (Witty International) schools and royalty-based franchise model.
- EuroKids International (Lighthouse Learning): Major preschool-to-K-12 franchise operator in India with strong Tier 2-3 reach and royalty-based franchise economics, directly comparable to VJTF's Witty Kids and Witty International School franchise structure.
- Orchids The International School: CBSE/IGCSE K-12 chain operating company-owned and franchise schools across Tier 1-3 Indian cities; comparable curriculum mix (international programs) and franchise-oriented growth model.
Broad incumbents
- Narayana Group (Narayana e-Techno): One of India's largest K-12 and test-prep chains with deep Tier 2-3 presence; overlaps with VJTF in serving price-conscious families but at much larger scale.
- NIIT Limited: Listed Indian education and training services company with K-12 and vocational training offerings; comparable to VJTF's training, curriculum and consultancy services and BSE-listed profile.
- Delhi Public School (DPS) Society: Long-established K-12 chain across India with franchise-style affiliation model; comparable to VJTF on affiliation/brand-leveraging model but far broader in scale and recognition.
- Educomp Solutions: Indian education services and K-12 operator providing curriculum, teacher training and school management services to schools, directly comparable to VJTF's education consultancy and content development business.
Regional players
- Pathways Schools (Globeducate): Premium international curriculum K-12 schools focused on North India, comparable to VJTF's IGCSE/Cambridge-affiliated Udaipur and broader international curriculum positioning in similar geographies.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Vjtf Eduservices social profiles
Digital presenceVjtf Eduservices financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vjtf Eduservices leadership team
Management profileNumber of profiles
Profiles10 records
Vjtf Eduservices subsidiaries and ownership
Company hierarchySubsidiaries1 record
Vjtf Eduservices funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vjtf Eduservices M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vjtf Eduservices
What does Vjtf Eduservices do?
VJTF Eduservices is a 40-year-old training and consultancy house that provides end-to-end education services including institution setup, institutional management, curriculum development, training programs, HR and administration support, and education quality audits. The company operates its own chain of K-12 schools and pre-schools under the Witty International School and Witty Kids brands through both company-owned and franchise models, primarily targeting schools and educational institutions across India.
Is Vjtf Eduservices a public or private company?
Vjtf Eduservices is a public company. It is classified as public and is currently operating.
When was Vjtf Eduservices founded?
Vjtf Eduservices was founded in 1984. It employs 1,001 to 5,000 people.
Where is Vjtf Eduservices based?
Vjtf Eduservices is headquartered in Mumbai, India, in the Asia region.
How does Vjtf Eduservices make money?
Three revenue lines are on record. Education Consultancy and Advisory Services are the primary driver. The others are franchise Royalty Fees and NBFC Investment Income.
Who are Vjtf Eduservices's main competitors?
Direct peers on record are VIBGYOR Group of Schools, Podar Education Network, Zee Learn (Zee Kids / Kidzee), EuroKids International (Lighthouse Learning) and Orchids The International School. Broad incumbents are Narayana Group (Narayana e-Techno), NIIT Limited, Delhi Public School (DPS) Society and Educomp Solutions. Pathways Schools (Globeducate) is listed as a regional player.
Does Vjtf Eduservices have an API?
No public API is recorded for Vjtf Eduservices.
What industry is Vjtf Eduservices in?
Vjtf Eduservices's product category is Education Services and K-12 School Management. Its primary akta.pro industry code is EDAGAKAC, Corporate Learning & Training Content Development, with a secondary code of BPAEANAD, Digital Learning Content Development (eLearning, Labs, Simulations). Its NAICS code is 611710 and its SIC code is 8200.