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​Gaja Capital may invest $20 million in KKEL for an undisclosed stake

Franchise India Bureau
Franchise India Bureau Sep 29 2017 - 1 min read
​Gaja Capital may invest $20 million in KKEL for an undisclosed stake
KKEL claims to be India’s largest pre-kindergarten and K-12 (kindergarten to Class-XII) chain of schools.

Kangaroo Kids Mid-market focused private equity firm Gaja Capital may invest $20 million in Kangaroo Kids Education Limited (KKEL) for an undisclosed stake, according to sources close to the deal.

KKEL claims to be India’s largest pre-kindergarten and K-12 (kindergarten to Class-XII) chain of schools. 

The deal is pending some paper work and is likely to be announced in a month.

KKEL is also a leading premium K12 chain of schools under the brand Billabong High.

Started in 2003, Billabong High has 16 schools and 7,000 students following the ICSE, IGCSE and CBSE curricula.

Gaja Capital is India’s leading education investor. Gaja Capital’s education portfolio includes Eurokids, leading early age through K12 education brand with 850 preschools in 350+ cities and 78,000 students.

Gaja Capital’s other investments include CL Educate, TeamLease Services & SportzVillage.

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