Saturday, May 4

Tag: KKEL

Gaja Capital Attempts to Invest Rs 135 Cr in a Premium School Chain
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Gaja Capital Attempts to Invest Rs 135 Cr in a Premium School Chain

A private equity investment firm Gaja Capital Partners is in advanced talking with the aim to invest an amount of $20 million (₹135 crore) in return of a stake in an educational and learning company called Kangaroo Kids Education Ltd (KKEL). The stake to be exchanged for the stated amount has still not been determined. A source claimed, “The companies are in the final legs of closing the deal, and the announcement is expected soon. Gaja Capital would make the investment from its $240-million Gaja Capital III fund.” Gaja Capital is a privately owned investment company which provides growth capital to ambitious entrepreneurs to build the future of Indian economy. The company specializes in investments in the smaller end of the middle market. The India-focused mid-market private equity ...