Portfolio Explorer

Our impactful investments covering a broad range of countries and sectors.

Portfolio Explorer

Our impactful investments covering a broad range of countries and sectors.

Kaizen Private Equity II
Quality education is the foundation to improving people’s lives and sustainable development. Access to quality education is one of the 17 pillars of the UN’s 2030 Sustainable Development Agenda. Kaizen Private Equity II is a USD 125m (target) fund focused on the education sector primarily in India and select countries within South East Asia (especially Philippines and Sri Lanka). Ticket sizes are expected to be in the range of USD 8 -15m. The Fund is expecting to invest in roughly 15 companies across two broad sub sets of the Education space:
About the Investee
  • Education delivery: education businesses such as K-12 schools, preschools, higher educational institutes, vocational training and tutoring companies. These companies are expected to be predominantly in the growth/late stage.
  • Education enablement: These are companies that enable the delivery of education and learning through the use of new technologies or services. They will strive to provide solutions that enable greater access to education, improve quality and delivery. Examples include online test preparation companies, e-learning/mobile learning companies, school management solutions and learning management solutions. These companies are expected to be predominantly earlier stage.

 The Fund will be managed by Kaizen Management Advisors which is based in Mumbai. The Manager was founded in 2009 as an Education focused private equity fund manager initially focused on India. The fist fund, Kaizen I was launched in 2010.

Investments by the Fund (as of 2023-12)
Name Year Country Industry Status
MindX 2023 Vietnam Education Active
Blue Planet 2023 Singapore Recycling Active
upGrad 2022 India Education Active
Leverage Edu 2022 India Education Active
Think & Learn 2021 India Education Active
Phinma 2019 Philippines Education Active
YOLA 2019 Vietnam Education Active
Thirumeni Finance 2018 India Education Active
Note: Countries with an * are countries from which services are provided in emerging and developing countries. Please refer to our Data Taxonomy page for details on the nature and quality of the information we publish.
Reference code
16-115
Status
Active
Date of commitment
2017-03
Fund size (target)
USD 125 million
SIFEM commitment
USD 10 million
Portfolio
Own balance sheet
Concessional finance
0%
Asset class
Private Equity
Type
Fund
ESG Risk Categories
Environmental & Social: B
Governance: -
Instrument
Private Equity Fund
Target region
Asia
Target sector
Education
Related Transaction
Manager