#Dealwire: DeVry, Kaizen Acquire Majority Stake in Edupristine for $8M & MyeCA Acquires Lawin1

Education is a lucrative space to build the next startup wave. (Image Source)

Education firm DeVry and PE firm Kaizen have acquired a majority stake in EduPristine for $8 million

#Dealwire is your biweekly dose of hottest M&A deals in technology space. Firms covered in this segment include MyeCA, Lawin1, DeVry, Kaizen and Edupristine

New Delhi Based MyeCA Acquires Mohali Based Legal Startup Lawin1

New Delhi based business advisory firm, MyeCA, has acquired a Mohali based legal process solutions startup Lawin1, in a cash and stock deal worth $584,000.

Lawin1 was founded in September 2015 by Manik Gupta and Pradeep Kumar. who are 4th year students of Army Institute of Law, Mohali. Read More

DeVry & Kaizen Acquire Majority Stake in Edtech Startup Edupristine for $8M

Education firm DeVry and private equity firm Kaizen have acquired a majority stake in professional certification and skill development startup EduPristine for $8 million. The Mumbai-based startup was founded in 2008 and offers professional certifications and skills training through 20 locations.

With this deal its initial investor Accel Partners and angel investors Mark Mobius and Rajesh Sehgal have gotten an exit, with Accel getting returns close to 5 times of its investment. Read More