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Funding to Acquire School Infrastructure of an education technology firm under Liquidation - Seeking Investment by India firm
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Senior Manager, International Business Advisory
|Project highlights||Funding to Acquire School Infrastructure of an education technology firm under Liquidation|
The company is a school assets and real estate holding subsidiary of listed education technology firm, whose accounts turned NPA and lenders filed application for liquidation. The group bid for US$ 70.14, 100% voting by CoC has taken place in favor of the group’s promoter, and the group now seeks to raise structured investment of US$ 49 Mn, to settle the admitted claims of financial creditors and operational creditors and to improve infrastructure of these schools.
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