Kaizen commits $4.5m to Indian school management firm
Kaizen Private Equity has invested INR250 million ($4.5 million) for a minority stake in Altus Learning, an Indian school management firm. The funding will be used to help the Gujarat-based operator expand in northern India.
Altus, which was set up five years ago, provides management and services to seven greenfield schools and nine preschools. It is currently in talks with 10 more educational institutions, LiveMint reported....
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