Apiit Sri Lanka

Apiit Sri Lanka is an educational institution focused on providing higher education programs, primarily in partnership with international universities. It specializes in degrees that combine theoretical and practical elements across various disciplines. Founded in 1999 and headquartered in Colombo, Sri Lanka, Apiit Sri Lanka operates a higher education institution that offers undergraduate and postgraduate degrees. The company has undergone a business transformation, expanding its educational offerings and forming strategic partnerships.

Apiit Sri Lanka was recently acquired by BG Investments in a Trade Sale for MYR 41 million on July 16, 2019, representing a significant funding milestone. The institution has secured a total of MYR 41 million in funding to date and has completed two deals. Apiit Sri Lanka provides a range of undergraduate and postgraduate programs in collaboration with the University of Staffordshire and other international institutions. Its offerings include degrees in Business Management, Computing/IT, and Law, tailored to meet the needs of both local and international students.

The institution focuses on experiential learning, ensuring that over 2,000 enrolled students gain practical experience through internships and industry partnerships, catering to a diverse demographic throughout South Asia and Southeast Asia. Apiit Sri Lanka generates revenue primarily through tuition fees from students enrolled in its degree programs, operating under a direct-to-consumer model. The fee structure reflects the various educational services provided, including foundational courses and specialized studies. The institution's collaborations with local businesses facilitate internships that not only benefit students but also serve as potential revenue streams through educational initiatives.

In 2013, Apiit reported an EBITDA of MYR 3,908,300. Following its acquisition by BG Investments, Apiit Sri Lanka plans to enhance its educational offerings and expand into new markets across South and Southeast Asia by 2025. The company aims to introduce new degree programs and bolster its partnerships with international universities. The funding from the recent acquisition will support these growth initiatives, allowing for the development of innovative educational products and the expansion of its operational footprint in targeted regions.