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Gaja Capital invests $25M in Educational Initiatives

27Jul By AnkitaNo Comments

FUNDING

Gaja Capital invests $25M in Educational Initiatives

One of the Mid-market private equity firm Gaja Capital has invested $25 million (about ₹172 crore) in Ahmedabad- and Bengaluru-based educational technology company Educational Initiatives, it has marked its eighth investment from its third fund. managing partner of Gaja Capital, Gopal Jain informed about the transaction but did not share further investment details. 2018 has been an active year for The Gaja Capital. The PE firm manages assets of about $500 million across its three investment vehicles, having already recorded two strong exits — TeamLease and RBL Bank — in April and June, respectively. Both investments were made from its second fund — the $180 million Gaja-II. Mr Jian said, “Education is core to our investment strategy and we are long-term believers in the K-12 opportunit...

What is SCO Summit? How It Will Help Countries Like India, China & Russia

The Shanghai Cooperation Organisation (SCO) is an organization of countries which was introduced on 15th June 2001 in Shanghai, China. The organization was inaugurated by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. It came into force on 19th September 2003. Currently, an SCO summit is organized in Qingdao, China which is ought to be attended by representatives of all the member countries along with our country’s Prime Minister Narendra Modi. Modi on Saturday morning departed for China to attend the two-day long 18th Shanghai Cooperation Organisation (SCO). WHAT IS SCO? The Shanghai Cooperation Organisation (SCO) is an international alliance that consists of 8 member states and 3 observers from Eurasia. SCO was born for collaboration between...

Women are Taking the Centre Stage in Saudi Arabia

New Delhi, Delhi, India- A commercial bank in Saudi Arabia appointing a woman as a CEO; a woman becoming the dean of a renowned medical college; women and men attending the recent Comic Con event in Jeddah; Women-only gymnasiums gaining traction; celebration of first ever Women’s Day - Women in Saudi Arabia are well on their way to have similar rights as their male counterparts. The Kingdom of Saudi Arabia, with a progressive leadership & a formative Vision 2030 document is fast becoming a society well in-sync with the developments of the rest of the world. A traditional society with deep respect for its culture, values and its belief system, the Kingdom of Saudi Arabia, has an innate regard for the role of women in society. One the biggest development has been in the financial sect...