GEMS Education to launch 21 school projects and SEBI-backed AIF in India
BENGALURU: GEMS Education (India), part of Dubai-based Varkey Group, which operates K-12 private school operators GEMS Education, unveiled its expansion strategy in India, with an initial investment of up to $30 million over the next three to five years. The plan included the development of more than 30 GEMS-managed schools, 1,000 GEMS partner schools and the establishment of a dedicated school of education focused on teacher training, leadership development and educational research.“As part of its immediate growth roadmap, GEMS India has confirmed a portfolio of 21 GEMS-operated school projects. The first five schools are scheduled to open from academic year 2026 in Greater Mumbai, Uttar Pradesh, Kerala and Rajasthan. A further 16 campuses are planned over the next two years in eight states, adding to the organisation’s existing network of schools in Gurgaon, Kochi and Lucknow NCR. Definite plans are already underway in cities like Ghaziabad, Pune, Coimbatore and Raipur,” said a group press release. The schools will offer CBSE, ICSE, Cambridge and International Baccalaureate (IB) curricula.To support long-term education infrastructure development, GEMS India is also in the process of setting up a dedicated Category II Alternative Investment Fund (AIF) under the provisions of the SEBI (Alternative Investment Funds) Regulations, 2012, he said. The fund will focus on the acquisition of quality school infrastructure and the development of new campuses. Commenting on the announcement, Sunny Varkey, Founder and Chairman, GEMS Education said, “Quality education remains the most powerful catalyst for societal transformation. Our commitment to India is rooted in the belief that all children, regardless of geography or background, deserve access to world-class learning opportunities.”
Post Comment