Kaizen Private Equity II

Subsidy : December 2020

BIO has given € 300 k Technical Assistance to Kaizen Private Equity II, an education-focused fund in India.

Amount

€ 300,000.00

Type of investment

Subsidy

Development impacts

Access to basic services & goods
Local economic growth

Beneficiary locations

Asia: India, Philippines, Vietnam

Investment field

Investment Companies & Funds

Activity

SME Fund - Education

Organisation

Kaizen Private Equity II

Website

https://www.kaizenpe.com

Domicile

India

More investments in

Kaizen Private Equity II

Equity € 8,338,200.00 (2018)

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. The first closing was on 10.03.2017, followed by a second closing in December 2017.

The Fund invests in education, defined as core education (e.g. K-12 schooling, colleges), parallel education (e.g. preschool, test preparation) and education enabling services (e.g. technologies, books, Edtech, finance, student housing etc.).

Kaizen believes that the private sector plays a major role in improving the poor quality of education, driven by limited government funding and large populations. Part of the Fund’s strategy is to invest in the education-technology space, to break barriers and bring education to isolated areas and excluded people.

Technical assistance

The Technical Assistance Facility (TAF) aims at co-financing a variety of studies (marketing, business strategies,…). The TAF can also be used to develop capacities and transfer know-how, technologies, skills, and experiences to Kaizen Private Equity II portfolio companies.

The expected impact of the TA facility is to support Kaizen Private Equity II portfolio companies to improve their sustainability, performance & competitiveness with a specific focus in the education sector.

Development impacts

Access to basic services & goods
Education is considered a basic service and is part of a country's infrastructure.
Local economic growth
This TAF will provide grant support to allow specific TA to support the investees in the education sector to grow their activities and become better performing and increase their ability to generate more revenues.

Made possible through this investment

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

Ace Creative Learning

India

Regional leader in test preparation and secondary education management.

ALTUS LEARNING

India

Gujarat's largest school management company.

EduPristine

India

India's leading training provider for international certifications in Finance and Analytics.

Founding Years (Klay)i

India

India's largest premium pre-school and daycare chain.

Get Ahead

India

Get Ahead brings professional services and innovative solutions to meet the needs of educational corporates and students.

IMPARTUS Innovations

India

Cloud platform for the Connected Classroom.

INSOFE

India

Delivers a certification course in Big Data and Analytics that has been ranked among the top 3 in the world by CIO magazine.

Toppr

India

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

Varthana

India

Transforming Affordable Education in India.

WizIQ (authorGEN TECHNOLOGIES)

India

Global platform used by over 400,000 educators to teach online.

YKROK

India

Leading chain of daycare centres in India.

Yola

India

Vietnam’s leading English language training and test preparation provider

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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The Currency Exchange Fund n.v.

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Equity