Educomp raising $50M from IFC, Proparco & Mount Kellett Capital
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Educomp raising $50M from IFC, Proparco & Mount Kellett Capital

By Madhav A Chanchani

  • 21 Jun 2012

Educomp Solutions Ltd, India’s largest listed education company, has raised $155 million in financing through a mix of private equity, external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs). The transaction includes a preferential allotment of up to $50 million to Mount Kellet Capital, Proparco and International Finance Corporation ......

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