Crippled pre-school chain Tree House on Friday landed in further trouble with Essel Group’s education arm Zee Learn not only calling off its proposed merger, citing the bad press but also threatening to take legal...
Macquarie University ties up with TISS, LSR, St Xavier’s Kolkata
MUMBAI: Australia’s Macquarie University has joined hands with three leading Indian institutions to offer scholarships and grants valued at more than A$ 240,000 to exchange and postgraduate students from these...
Navneet Education gains on acquisition of Britannica’s India curriculum division
Navneet Education has moved higher to its 52-week high of Rs 115, up 6% on BSE in intra-day trade after the company announced that they have reached an agreement to acquire Britannica’s Indian curriculum business...
KKR may invest Rs700 crore in Resonance Eduventures
New Delhi/Mumbai: Private equity (PE) investor KKR and Co. Lp is in the final stages of discussions to invest around Rs700 crore in coaching firm Resonance Eduventures Ltd, at least three people aware of the development...
Bengaluru schools vie to tie up with foreign institutes
BENGALURU: Some of Bengaluru’s international schools are racing to partner with foreign institutions, a trend spurred by intense competition in a crowded segment. Collaboration with foreign educational...
Fitkids acquires ThinkLabs; adds 100 more schools to portfolio
Education firm FitKids announced on Wednesday that it has acquired ThinkLABS in an all-cash deal funded by internal accruals of the company. ThinkLabs is a company that provides hands-on science and technology education...
NIIT acquires ed-tech start-up Perceptron
NIIT has acquired the business of Bangalore-based start-up Perceptron Learning Solutions Private Limited. This acquisition aims to bring together complementary technology platforms and capabilities of NIIT and...
Coursera and Manipal Global tie up for curated educational content
BENGALURU: Coursera, the online education company, has partnered with Manipal Global Education Services (MaGE) to offer curated educational content to Manipal Global’s learners and alumni community. This will allow...
Prisa completes acquisition of education business from Carvajal
Promotora de Informaciones SA (Prisa) : * Said Saturday its unit Grupo Santillana Educacion Global SL had completed acquisition of education business of Carvajal SA for 14.3 million euros ($16.1 million) * Operation...
VTech Takeover of LeapFrog Could Face Full U.K. Antitrust Probe
VTech Holdings Ltd.’s planned acquisition of LeapFrog Enterprises Inc. could face an in-depth investigation by the Competition and Markets Authority after the U.K. regulator said it was concerned about the potential...
Zee Learn, Tree House surge on revised merger share swap ratio
Shares of Zee Learn and Tree House Education & Accessories have rallied up to 17% on the BSE in intra-day trade after their respective boards approved a revised share swap ratio for the merger. Tree House Education...
Brazil’s Ser beats profit estimate, seeks acquisitions
Ser Educacional SA, Brazil’s third-largest listed for-profit education company, reported second-quarter net income rose 30 percent to 63.8 million reais ($19.90 million), helped by an increase in higher value...
