Liquidity Events
Edtech co iNurture acquires talent-marketplace Youth4work
Bengaluru-based edtech startup iNurture Education has acquired Jag Bros Consultants' brand ‘Youth4Work'. As part of the deal, iNurture Education and Delhi-based Youth4Work have formed a new subsidiary called Y4W Learning Pvt Ltd, in which iNurture will hold 83.5% equity. Y4W Learning will essentially work on the leads generated from ‘Youth4Work' assessment platform to grow enrolments for NEP (National Education Policy 2020) programs. From the Venture Intelligence PE-VC Deal Database: In Dec 14, Youth4work had raised USD 0.5 M from Global Asia Partners, Aurum Equity Partners and UK-based angel investor Dan Sandhu Between Jan 10 and May 22, i-Nurture Education Management had raised over USD 50 M from Bertelsmann India Investments, Ascent Capital, GVFL, Ventureast, ADM Capital and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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