It may not be such a big number in the larger scope of investments, but it’s one that’s single-handedly revived interest in the private school market in India. It’s loosened a flood of aspirations—and questions—about the future.
On 5 September, New York-based private equity (PE) firm KKR formally announced a majority investment in pre-school and K12 school chain EuroKids. K12 schools have grades stretching from kindergarten to class 12. In its first major investment in India’s private school sector, KKR has picked up a 92% stake in EuroKids, buying out existing investors Gaja Capital and Swiss Fund Partners Group.