Monday, 18 July 2011

Education sector to see $200 m PE, VC funding in ’11:Report

Private equity and venture capital investors are bullish on the education sector and have invested $93 million in 10 companies so far in 2011.

The total deal size or investment in this sector is expected to touch $200 million in 2011 as compared with $183 million in 2010, said a report done by Venture Intelligence, which provides data and analysis on PE/VC and M&A activity in India. Of the $93 million investments into this sector so far, the R100 crore or about $22 million investment in vocational training and placement firm Teamlease Services is considered to be a big one. PE investments in the education sector increased from $129 million in 2009 to $183 million in 2010.
Some of the large deals in the sector include Premji Invest's $43 million investment in Manipal Education and India Equity Partners' $37 million investment in IL&FS Education and Technology Services, DE Shaw's $31 million investments...

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