Nspira Management Services, an education services provider, has raised $75 million from Morgan Stanley Private Equity Asia and Banyan Tree Growth Capital II. As part of the current transaction, a fund managed by Morgan Stanley Private Equity Asia has invested about $67 million of primary capital into the company for a minority stake.
The process will be used to fund the organic and inorganic growth plans of the company. Nspira currently offers its services to over 500 educational institutions with a student base of close to 400,000 across 13 states in India. The company also ...
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