Education software firm Instructure Inc said on Wednesday it would be bought by private equity investment firm Thoma Bravo in an all-cash deal for about $2 billion, giving into pressure from one of its shareholders...
No final decision yet on UGC-AICTE merger, says HRD minister Nishank
No final decision has been taken yet on merging the University Grants Commission and the All India Council of Technical Education, Union HRD Minister Ramesh Pokhriyal Nishank said on Thursday. “Till now no final...
Atul Nishar’s online education firm Azent buys AdmissionTable
Azent Overseas Education Ltd, an online education startup founded by IT firm Hexaware Technologies Ltd founder Atul Nishar, Wednesday said it has acquired Bengaluru-based AdmissionTable.com, an artificial intelligence...
Furtados School of Music raises ₹20 crore in fresh funding
Furtados School of Music (FSM) raised ₹20 crore funding from IAN Fund and DSG Consumer Partners on Tuesday. The music institution will use the funds to expand its presence across major cities in the country. Currently...
Language learning startup Multibhashi raises capital from Japan’s RareJob
RareJob of Japan, which conducts online English tutorials, has made its first Indian investment in language learning platform Multibhashi, top executives at the two companies said. The value of investment was not...
Prime Ventures leads ₹11.3 crore funding in Sunstone Eduversity
Prime Venture Partners has led a ₹11.3 crore investment round in Sunstone Eduversity, an educational technology (edtech) startup offering higher education programs. LetsVenture, PS1 Ventures, and early stage investor...
Creditors approve sale of IL&FS’ education biz to Career Point
Infrastructure Leasing and Financial Services Ltd on Tuesday said its committee of creditors has approved the sale of its education business Schoolnet India Ltd to Career Point Publications Pvt. Ltd. The committee...
Blackstone invests in test prep firm Aakash
Private equity firm Blackstone Group LP will invest in omni-channel education and test preparation firm Aakash Educational Services Ltd, the PE firm said on Wednesday. Aakash is one of India’s largest test preparation...
Brazil’s Yduqs buys Adtalem for $467 million: securities filing
Brazilian education company Yduqs has bought Adtalem Global Education Inc’s assets in Brazil for 1.92 billion reais ($467 million) as it continues to pursue bolt-on acquisitions, it said in a securities filing on Monday...
Brazil’s Yduqs in exclusive talks to acquire Adtalem business in the country: sources
Brazilian for-profit education company Yduqs, formerly known as Estacio Participações, is in exclusive talks to acquire assets owned by Adtalem Global Education Inc, two sources with knowledge of the matter said on...
Tata Group to invest ₹300 crore to set up Indian Institute of Skills
The ministry of skills development and entrepreneurship has joined hands with Tata Group to set up an Indian Institute of Skills (IIS) in Mumbai, in which the latter will invest around ₹300 crore. Inspired by Indian...
KKR acquires EuroKids from Gaja Capital
Global investment firm KKR & Co has acquired a majority stake in education services provider EuroKids International Pvt from the existing investor consortium led by Gaja Capital. EuroKids is one of India’s largest...
