Kaizen Private Equity II

Equity : November 2018

Kaizen Private Equity is India’s first Education focused fund.

Amount

€ 8,338,200.00

Type of investment

Equity

Development impacts

Local economic growth
Private sector consolidation/innovation
Access to basic services & goods
Gender

Beneficiary locations

Asia: India

Investment field

Investment Companies & Funds

Activity

SME Fund

Organisation

Kaizen Private Equity II

Website

https://www.kaizenpe.com

Domicile

India

More investments in

Kaizen Private Equity II

Subsidy € 300,000.00 (2020)

The Fund is focused on the education sector of emerging South and South East Asia and is a follow-on to Kaizen Private Equity I (Fund I) with a similar sectoral approach. The Fund is a 10 year, closed-end fund with a USD 125 m target size. First closing was on 10.03.2017, followed by a second closing in December 2017.

The Fund will invest in education, defined as core education (e.g. K-122 schooling, colleges), parallel education (e.g. pre-school, test preparation) and education enabling services (e.g. technologies, books, Edtech, finance, student housing etc.) in South and South East Asia, with focus on India (50% of the transactions). The Fund’s investees will target to (lower) middle income population.

Development impacts

Local economic growth
provision of long term growth capital to SMEs (in the education sector); employment creation
Private sector consolidation/innovation
Education is an underfunded sector in South/South East Asia. Bridging the disparity between public and private schools is a major goal of Kaizen
Access to basic services & goods
improved access to quality education
Gender
Education represents a major solution to reduce inequality among society members and empowers women’s position. Kaizen actively promotes female education, female employability and empowerment through its investments.

Made possible through this investment

Thanks to the direct funding from BIO, the following second-line investments have been made possible.

INSOFE

India

INSOFE was established in 2011 in India. It is one of India’s premier institutions offering courses in data science to students, who are primarily working professionals, and corporates globally.

Phinma Education holdings

Indonesia, Philippines

PHINMA Education (PEHI) started in 2004 in the Philippines and is specialized in turning around distressed HEIs (Higher Education Institutes) by improving their academic quality, which results in higher board passing rates and better employment opportunities for the graduating students.

Socap holdings (Pintek)

Indonesia

Pintek is a financial technology company that provides financial support to students, parents, educational institutions and education MSMEs in Indonesia.

Think & Learn Private Limited - Byju's

India

Think & Learn Private Limited, doing business as Byju's, provides online educational services. The Company offers a technology based educational platform for primary and secondary school subjects, overseas and domestic test preparation courses, learning programs, and applications. Byju's focuses on students and educational professionals in India.

Toppr (Exited)

India

Toppr is India's leading after-school learning app on a mission to make learning personalised.

Yola

India

Founded in 2009 in HCMC, Vietnam, Yola provides English language trainings. The company started with providing test preparation (GMAT, IELTS, TOEFL) to high school and college students and, over the years, expanded to ELT (English Language Training) programs for primary and middle school children.

Varthana - Thirumeni

India

Thirumeni Finance / Varthana is a Non-Banking Financial company focused on providing affordable private schools in India. These schools cater to low-income population in tier 2 and 3 cities.

Read impact and news about this project

Impact Story

Kaizen means continuous improvement

03-09-2019

BIO made a USD 10 M equity investment in Kaizen Private Equity, India’s first Education focused fund.

Sandeep Aneja is the founder and managing partner of the fund, this is his story.

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