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New Silk Route Partners Invests Heavily In Indian Education Sector

New Silk Route Partners, an Asia-focused private equity fund, picked a minority stake in Varsity Education Management Pvt Ltd., a Hyderabad based educational services provider, as said by Jacob Kurian, one of the partners of the fund. He also said Education is one of the great sectors if you want to invest and capture India’s growing grace on consumer rights.

Varsity Education provides operational and support services to educational institutions in the states Karnataka, Andhra Pradesh, Maharashtra and Tamil Nadu. However, the sum was undisclosed. The fund has earlier invested in the Lahore-headquartered Pakistani firm, Beaconhouse, one of the world’s top primary and secondary educational firm, an amount of $1.4 billion.

Investment in Varsity Education will be fund’s second investment in educational sector. According to VCCircle.com, an industry tracker, private equity funds have invested $10.58 billion of capital among 501 deals in the year 2011 where in 2010 the sum was $8.47 billion among 416 deals.


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