Now, Shah Rukh enters education sector

Now, Shah Rukh enters education sector
Friday, June 15, 2012 14:54 IST
After tasting success with cricket, Bollywood superstar Shah Rukh Khan is entering the education-cum-entertainment space by bringing the Mexico-based global edutainment brand KidZania to the country.

KidZania is being brought in the domestic market by ImagiNation Edutainment India, which is promoted by Khan, with 26 per cent interest, and KidZ Inc of Singapore, which holds the remaining 74 per cent.

"We are planning to open three KidZania centres in the country over the next three years. The first one will open in Mumbai early next year, " KidZania India Director and Chief Executive Sanjeev Kumar told here today.

Around Rs 300 crore are being lined up to develop the three KidZania centres, which will combine entertainment with education, he said, adding that the other centres will be in Delhi NCR and Bangalore. About 85 per cent of the funds will be raised by promoters through a combination of equity and debt, while the rest will be through industry partnership.

The Mexico-based KidZania, which is present in seven countries with 10 centres, creates a kid-centric city experience for the 4-14 year olds by combining role play with fun and learning, where kids would get an authentic and powerful development experience. The centres are spread across 75, 000 sq ft with over 60 establishments and over 75 role-playing options for kids.

"Our source of revenue will be through tickets, which will be around Rs 700 for a kid, corporate events and CSR activities among others, " Kumar added.
Wamiqa Gabbi Fulfills Her Childhood Dream with Horror Comedy Bhooth Bangla!

Bollywood actress Wamiqa Gabbi has officially wrapped filming for the much-anticipated horror comedy

Monday, May 19, 2025
Taapsee Pannu Invests in Luxury Apartment in Mumbai's Prime Goregaon West!

Taapsee Pannu, one of Bollywood’s most bankable and critically acclaimed actresses, has made a

Monday, May 19, 2025
Paresh Rawal Confirms Exit from Hera Pheri 3, Fans Demand Return of Iconic Babu Rao!

Paresh Rawal, the legendary actor known for his unforgettable portrayal of Baburao Ganpatrao Apte in the

Monday, May 19, 2025
Finale race intensifies on Amazon MX Player's Realme Hip Hop India S2 with mystery scores, mind-blowing moves, and a second finalist!

Realme Hip Hop India Season 2 on Amazon MX Player, Amazon’s free streaming service, is inching closer to

Monday, May 19, 2025
Vijay Deverakonda Gets Candid On Career Highs, Heartfelt Regrets and Offers Winning Advice For Aspiring Artistes In Filmfare's May Issue!

Vijay Deverakonda returns to the spotlight with Filmfare’s May cover issue, radiating the same grounded

Monday, May 19, 2025
ADVERTISEMENT
ADVERTISEMENT