Lighthouse Learning Group, an education services provider, has raised fresh capital from funds managed by KKR alongside participation from a new investor, PSP Investments.
The fresh funds raised will be used to further expand its network of high-quality K-12 schools and preschools across key Indian cities. Lighthouse Learning will also continue to strengthen its teaching and technology capabilities and enhance operational excellence across the platform.
With this investment, KKR will continue to hold a majority stake. KKR is making its investment predominantly from its Asian Fund IV and other KKR-managed capital.
Founded in 2001 by Prajodh Rajan and Vikas Phadnis, Lighthouse Learning is an education services platform that operates in the early childhood and K-12 segments in India. Its portfolio of brands includes established brands such as EuroKids, Kangaroo Kids, EuroSchool, Billabong High International, Centre Point Group of Schools, Heritage International Xperiential School and Heritage Xperiential Learning School among others. Today, Lighthouse Learning nurtures more than 190,000 students daily through its over 1,850 preschools and 60 K-12 schools.
Since KKR’s initial investment in 2019, Lighthouse Learning has continued to deliver high-quality education to students across the country, catering to the rising household demand for quality education. It has significantly expanded its footprint through organic and inorganic growth strategies, and strengthened its presence across key metropolitan areas, including Bangalore, Mumbai, Pune, Hyderabad and Delhi-NCR.
Akshay Tanna, Partner and Head of India Private Equity at KKR, said, “Lighthouse Learning has built one of the most trusted and respected education services platforms in India, combining academic quality with a strong reputation across its brands. We are proud of the growth that Lighthouse Learning has achieved in strategic partnership with KKR and are delighted to continue supporting their mission to expand access to high-quality education and nurture future generations of learners.”
Prajodh Rajan, Founder and Group CEO of Lighthouse Learning, said, “Education is a lifelong journey, and our mission has always been to deliver exceptional learning experiences that prepare students for a rapidly changing world. We are pleased to deepen our relationship with KKR as we enter this next chapter of growth. KKR’s long-term vision, global expertise, and deep commitment to education will help us scale our platform and continue to set new benchmarks for excellence across India’s education sector.”
