While the Chaudhry family and Blackstone still hold nearly 30% in the test-prep chain, it’s unclear who has the final say on the 27% held indirectly by Byju Raveendran.
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A mix of government facilitation, favourable location and rising student demand is seeing global institutions making a beeline for the region.
An anti-immigrant sentiment alongside a crackdown on ‘wokeism’ in the US coincides with the Big Four of foreign education starting to shut the gates. For Indian students looking to go abroad, these are the worst of times.
For a country aspiring to be a superpower, with more than 250 million children in schools, India’s reluctance to participate in an international student assessment study is confounding.