Page 45 - EW-June-2024

Foreign investment in Indian
K-12 education milestones

2011
Ascent Capital invests in Oakridge
International School, Hyderabad
2011
New Silk Route invests in Sri
Chaitanya Group, Hyderabad
2013
Gaja Capital buys 50% stake in Eurokids
2017
EuroKids acquires Kangaroo Kids

2018
MSPEA & Banyantree invest in NSPIRA
(Narayana Group, Hyderabad)

2019
IB-affiliated Harrow International School, Bengaluru students Nord Anglia acquires Oakridge
International School, Hyderabad
(estb.1972) and currently a Bengalu- Seethramu. 2019
ru-based education consultant, wel- Dr. Seetharamu doesn’t share Prof. Cognita acquires CHIREC
comes progressive globalisation and Dhankar’s apprehension of academic International School, Hyderabad
adoption of global best practices in and cultural pollution. “Indian civili- 2019
private K-12 education which he be- sation and Hinduism have survived KKR buys 92% stake in Eurokids
lieves will filter into BPS and govern- military invasions and cultural impo-
2019
ment schools. sitions for thousands of years starting Foundation Holdings commits $100M
“With the steady growth and ex- from the time of Mahmud of Ghazni to to Ryan Group, Mumbai
pansion of India’s middle class, de- the rule of the British Empire. That’s
mand for high quality pre-primary because our cultures live in homes 2020
and K-12 education is becoming press- rather than formal institutions. India’s Sofina, Sequoia, and Navneet invest in
K12 Techno, Hyderabad
ing. Increasingly, middle class parents syncretic civilisation is essentially tol-
and youth are demanding internation- erant and secular. It absorbs the best 2021
ally benchmarked education that pre- practices of all creeds and civilisations EuroKids acquires Cambridge
Public School, Bengaluru
pares them for well-paid employment and becomes stronger. This will also
in India and abroad. This demand has be the outcome of internationalisation 2021
generated supply from foreign exami- Seetharamu: welcome development Silver Oaks International acquires
Oakdale School, Hyderabad
nation boards and foreign investors.
This is a positive development because 2022
it will raise teaching standards and GSF acquires Silver Oaks, Hyderabad
learning outcomes in K-12 education. and Vikaasa, Madurai
The plain truth as evidenced by the 2022
poor performance of our children in ISP acquires Sancta Maria
international tests such as PISA (Pro- International School, Hyderabad
gramme for International Student As-
2023
sessment) and the low ranks awarded GSF acquires Glendale Education
to India’s best universities by the Hyderabad
London-based rating agencies, QS and
2023
Times Higher Education, is that our Kedaara Capital picks up stake
schools and universities lag behind in Orchid International, Hyderabad
Western and Asian education institu-
tions in terms of learning outcomes, 2023
ISP acquires Manthan
research and innovation. Therefore, International School, Hyderabad
internationalisation of K-12 education
is a welcome development,” says Prof. Source: State of India K-12:
Resilience Amidst Uncertainties
JUNE 2024 EDUCATIONWORLD 45