Blackstone to acquire majority stake in Simplilearn
- Blackstone will pick up more than 60% stake in Simplilearn
- The fresh funding will also see exit of its existing investors like Kalaari Capital, Helion Ventures, and Mayfield
NEW DELHI : Global private equity firm Blackstone has invested $250 million (over ₹1,870 crore) in Indian edtech company Simplilearn Solutions Pvt. Ltd for a controlling stake, the PE firm said on Monday.
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