Ryan International Group of Institutions and Foundation Holdings, a global investment firm, announced the launch of a joint-venture to transform the K-12 education sector in India through a unique asset-light Managed School Platform and to train 2 lakh students annually.
The JV, named Ryan EduNation, will have Ryan Group as the Education partner and Foundation Holdings as the Investment partner.Ryan EduNation recently acquired the managed school platform owned by Pearson India Education Services Private Limited which already enables over 18,000 students across India to access quality education.
Speaking about the new JV, Ryan Pinto, Chief Executive Officer, Ryan International Group of Institutions said, ” The JV allows us to extend our social impact through the Managed School platform. Through Ryan EduNation, our vision is to provide quality education to 200,000 students annually by 2030.”
Aakash Sachdev, Managing Director of Foundation Holdings, said, with USD 100 million investment committed to Ryan EduNation over the next five years, our ambition is to adopt a scalable partnership model by empowering educational institutions and passionate landowners across India to create a platform of change and impact.”
The Ryan Group runs 137 plus schools in 40 cities and in 18 states teaching 270,000 students.