KKR strengthens its play in Lighthouse
Mumbai, Nov. 26 -- Private equity firm KKR has made a fresh round of investment in Lighthouse Learning, along with new investor PSP Investments.
KKR will retain its majority stake and "continue to play a significant role in driving Lighthouse Learning's next phase of growth," the firm said in a statement. The company, however, did not disclose the amount of investment in this round.
The proceeds from the latest investment will be utilised by Lighthouse to expand its K-12 and preschool network, besides strengthen teaching, technology and operational capabilities.
KKR is investing through its Asian Fund IV and other KKR-managed capital.
"Lighthouse Learning has built one of the most trusted education services platforms in India. and we are de...
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