DMC Education Ltd has acquired Kolkata-based education consulting firm Plansteps. The investment was for a consideration of $10 million, approximately Rs.4.5 Crore.
DMC Education Ltd aims to take career counseling across India with the acquisition of Plansteps, which brings an established network in the North-East India along with Nepal and Bhutan.  DMC is planning to open

Educomp Solutions Ltd has bought a majority stake in Bangalore-based test preparation company Gateforum Educational Services Pvt Ltd. Gateforum provides preparatory tools for the Graduate Aptitude Test in Engineering (GATE), an entrance test for post-graduate courses in technical institutes such as IITs and NITs. Educomp’s expects the Gateforum investment to expand its presence and reach

As it plans its third round of funding, FIITJEE Ltd may be the subject of a potential buyout. Providence Equity Partners and New Enterprise Associates Inc (NEA) are planning to buy stake in FIITJEE Ltd, which is planning to raise Rs.200 crore in its third round of private equity funding. The firm plans to use

The Economic Times of India reported that HDFC Bank and Gaja Capital Partners bought a stake in Indus World Schools (IWS), a unit of Career Launcher India Limited, for around Rs.40-50 crore. According to the report, Indus World plans to use the raised funds for its expansion strategy, as it plans to increase its current

Pearson has increased its shareholding in Bangalore based TutorVista to a majority 76% controlling stake. Pearson, the world’s leading learning company, undertook the stake investment for a consideration of $127 million. Pearson first acquired a minority stake in TutorVista in June 2009, with this transaction hiking its total equity investment in the Indian firm to