Classteacher Snaps Up $15M

Classteacher Learning Systems, and Mind Shaper Technologies, the parent of the educational materials company, have received $15 million from Fidelity Growth Partners India in exchange for what was described as “a significant minority stake.” Kabir Narang and Raul Rai with FIL Capital Advisors (India), the private equity advisory arm for FGPI will join the board of the company. Other specifics of the transaction were not publicized.

27 June 2011•3 mins read
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