Morgan Stanley, Banyantree invest $75m in India's Nspira
Morgan Stanley Private Equity Asia (MSPEA) and Banyantree Growth Capital have invested $75 million in Nspira Management Services, an Indian education services provider.
MSPEA committed $67 million for a minority stake, while the remainder was committed by Banyantree, according to a statement. Nspira will use the capital to support geographic expansion, improve its facilities,...
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