Arihant Academy, a coaching institute has acquired a 51% stake in Zen Educational and Learning (ZEAL Academy) for ₹8.67 crore at a valuation of ₹17 crore.
The acquisition will be executed in two tranches of 25.25% each and is expected to be completed by October 2025.
This investment would enable the Arihant Academy to have geographical footprints in Navi Mumbai and areas near Navi Mumbai. It will also strengthen the Inhouse Science stream, due to the rich experience of all three partners of ZEAL who are themselves IIT’ians and have taught a large number of Students who have cleared IIT.
ZEAL has swiftly emerged as a frontrunner in the realm of educational excellence with branches in the State of Maharashtra at Seawoods, Panvel, Kharghar, Vashi and Thane.
Anil Kapasi, Managing Director of Arihant Academy, commented, “This acquisition is a noteworthy step in expanding our presence into new geographical markets. By merging ZEAL Academy’s local expertise with Arihant Academy’s proven teaching methods, we aim to create a stronger educational framework for students across the metropolitan region. This aligns with our growth vision and creates value for students, parents, educators, and partners.”
Kunal Pathak, Partner at ZEAL Academy, added, “This investment is a testament to our pursuit of excellence and is a significant milestone for ZEAL Academy’s journey of growth and innovation. It strengthens our portfolio and allows us to expand our offerings, creating significant synergies for our students and enabling unmatched learning experiences.”
Founded by IITians in 2016, ZEAL Academy has an impressive track record, having produced over 1,000 IITians and medical professionals. The institute offers a range of foundation courses for Classes 8 to 10, as well as specialised JEE and NEET preparation for Classes 11 and 12.
Arihant Academy operates over 20 coaching centers across Mumbai, serving approximately 10,000 students through its hybrid teaching model.
