EuroKids International Pvt. Ltd., a Mumbai, India-based education services provider, received a majority investment from KKR.
KKR acquired the stake in EuroKids franchise from the existing investor consortium led by Gaja Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to identify both organic and inorganic growth opportunities and ways to enhance offerings and practices.
EuroKids International is an education services company in the Early Childhood and K-12 education space, focused on enhancing its pedagogy and building a holistic, nurturing and secure learning environment for children.
Its portfolio of brands includes EuroKids, EuroKids DayCare, Kangaroo Kids, EuroSchool & Billabong International spread across 350+ cities and five countries.
The company will continue to be managed by its team of experienced educators, administrators and management team led by Co-Founder & Group CEO Prajodh Rajan, who will also remain a shareholder in the company.
FinSMEs
09/09/2019