The year 2016 has become a bonanza for the education sector, which has received investments of $323 million – surpassing the previous high of 2014 when ed-tech companies raised $223 million
Strategic investors were also quite active this year, data from Venture Intelligence shows. Text book publishing company S Chand, which had raised $26 million led by IFC in 2015, has become an active strategic investor (backing several startups including Testbook). The EduPristine deal saw US-based DeVry Education Group, while Tabtor got participation from John Katzman, founder of The Princeton Review.
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PE/VC Investments in Education spike up in 2016
Venture Intelligence is India’s longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.
