Nspira Management Raises Around $75 Million Funds
Hyderabad-based education service provider Nspira Management announced that the company has secured around $75 million in a funding round led by Morgan Stanley Private Equity Asia.
Banyan Tree Growth Capital II also participated in the funding round.
As part of the recent transaction, a fund managed by Morgan Stanley Private Equity Asia has invested about $ 67 million of primary capital into the company for a minority stake.
“We will be deploying the funds to scale our business geographically, increase our client base, develop cutting-edge education products, modernise our facilities and scale up our digital business,” Puneet Kothapa, MD of Nspira Management said. “We will also opportunistically evaluate inorganic opportunities that are synergistic with our core business and help us...