KKR tops up investment in India's Ligthouse Learning

KKR tops up investment in India's Ligthouse Learning

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Global investment firm KKR has put fresh money into India’s preschool and K-12 education chain Lighthouse Learning Group, as the school operator steps up its expansion, according to an announcement.

The investment round also brings in Canada’s PSP Investments as a new shareholder. KKR, which will remain the majority shareholder, is making its investment predominantly from its Asia Fund IV and other KKR-managed capital.

KKR and Lighthouse did not disclose the size of the funding round. The Economic Times reported PSP is investing about Rs 17.6 billion ($200 million) for a minority stake and that KKR is adding Rs 65 billion in new capital.

KKR had made its first investment in Lighthouse Learning (formerly EuroKids International) in 2019 from its Asian Fund III.

Lighthouse Learning runs a portfolio of education brands spanning early childhood and K-12 segments in India, including EuroKids, Kangaroo Kids, EuroSchool, Billabong High International, Centre Point Group of Schools, and Heritage Xperiential Learning School, among others.

The group said it teaches more than 190,000 students daily through a network of over 1,850 preschools and 60 K-12 schools.

“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,” said Akshay Tanna, partner and head of India private equity at KKR.

The companies said the latest investment will support further expansion of Lighthouse Learning’s network of K-12 schools and preschools across key Indian cities.

Prajodh Rajan, founder and group chief executive of Lighthouse Learning, said the firm aims to “deliver exceptional learning experiences that prepare students for a rapidly changing world.”

The investment comes as KKR earlier said it secured $3 billion in commitments for its third pan-Asia infrastructure fund as of Q3 2025.

Asia Pacific Infrastructure Investors III, which is reportedly targeting over $9 billion, has received $40 million in commitments from the Employees Retirement System of Texas, DealStreetAsia reported in September.

KKR’s third infrastructure fund for the region, alongside Global Infrastructure V, K-Series Infrastructure, and Global Atlantic inflows, boosted the group’s real assets under management to $186 billion, per its earning release.

The firm has also reportedly kicked off fundraising for its fifth Asia private equity fund, seeking to raise $15 billion in what would be one of the region’s largest fundraisings.

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter


This is your last free story for the month. Register to continue reading our content