FIITJEE and Extramarks, the two suitors for bankrupt rival EducompBSE 4.88 % Solutions, approached the National Company Law Tribunal seeking a two-week extension to the deadline to submit final bids for the education...
NIIT acquires Eagle Productivity Solutions for $8.1 million
Skills and talent development firm NIIT Ltd said on Thursday it has acquired Eagle International Institute (EII) for $8.1 million. The acquisition will help NIIT expand its training capability for global rollout of...
Tata Motors, IIT Varanasi tie up to launch education, research programmes
The country’s third largest car maker Tata MotorsBSE 1.85 % has partnered with IIT Varanasi to launch innovative programs in education and research, aimed at bridging the gap between academic excellence and...
AlmaMapper buys iTeknika in swap deal
Eductech firm AlmaMapper Technologies backed by Osawl Techno Ventures, has acquired another recruitment and assessment solutions company iTeknika in a cash and share swap deal. This is the second acquisition within a...
Zee Learn may pick up 42.78% in MT Educare
Subhash Chandra-controlled Zee LearnBSE 1.84 % is in talks with MT Educare, a Mumbai-based company that runs the popular Mahesh Tutorials coaching classes, to buy a controlling stake in the company, in a growing sign...
NBFC Indian School Finance plans to raise $30-35 million from PE investors
Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware...
Strayer Education, Capella to merge in $1.9 billion deal
Strayer Education Inc (STRA.O) will merge with smaller peer Capella Education Co (CPLA.O) in a $1.9 billion all-stock deal that will offer doctoral, master’s and bachelor’s programs, mainly for working adults across the...
Toppr raises Rs 45 cr from Saif Partners, Helion, FIL Capital
Educational app Toppr on Monday said it has raised Rs 45 crore in its second round of funding, led by its existing investors SAIF Partners, Helion Ventures and FIL Capital Management. “Toppr…has raised Rs 45...
Furtados School of Music looks to raise $2.5 million to expand business
Furtados School of Music, a music education firm, is looking to raise up to $2.5 million to expand business, a senior company executive said. Furtados School of Music, which is backed by the over 150-year-old musical...
AICTE mulls mergers to save dying colleges
The All India Council of Technical Education (AICTE) is toying with the idea of merging two colleges which are in the vicinity of each other or even accepting proposals of buyouts, to resolve the lingering issue of...
Slew of buyouts in education technology space signal consolidation
Varun Aggarwal, co-founder of Aspiring Minds, an education technology start-up, is hunting for companies that can help his firm scale up operation and provide more solutions in the education and jobs assessment space...
edX partners with IL&FS/IFIN to launch learning academy
edX, the leading not-for-profit online learning destination, founded by Harvard and MIT, recently partnered with IL&FS Financial Services (IFIN) to launch online portal of IFIN Academy using edX courses. Through...
