Fidelity Growth Partners makes India education investment
Fidelity Growth Partners will take an undisclosed minority stake in Mind Shaper Technologies for about $15 million, according to statement from the Delhi-based education company. Mind Shaper operates under the Classteacher Learning Systems brand, which provides more than 85,000 educational modules to 500 schools.
Rohit Pande, the company's CEO, said the funds would be used to expand into new areas of education. As part of the deal, Kabir Narang and Raul Raj will join the Mind Shaper board as representatives of...
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