Private Equity Other Private Equity/Strategic Investments
Vibgyor Group of Schools plans to raise external capital
Source Vibgyor Group of Schools (opens in a new tab)Vibgyor Group of Schools (opens in a new tab)Mint (opens in a new tab)
Mumbai-based Vibgyor Group of Schools has appointed Avendus Capital as the advisor for its first external fundraise through a minority stake sale. The firm is looking to sell a minority stake of up to 30% in the company.Founded in 2004 by Rustom Kerawalla and Kavita Sahay Kerawalla, Vibgyor Group of Schools operates more than 40 schools across 15 cities, offering education from playschool to Grade 12.