IFC, Proparco, Mount Kellet invest in Educomp
Educomp Solutions, India’s largest education company, has received $155 million in financing from International Finance Corporation, French development finance institution Proparco, PE firm Mount Kellett and the company's own promoters.
A total of $70 million was received under external commercial borrowings (ECBs), comprising $30 million from IFC and $40 million from Proparco. IFC, the World Bank's investment arm, will also provide $10...
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