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January 29, 2016

Nspira taps CX for INR 4 billion investment

DEAL BRIEF

Nspira Management Services Private Limited (“Nspira”) has raised INR 4 billion (~USD 60 million) from a consortium led by CX Partners. The proceeds of this round of investment would be used by Nspira to expand to new sectors and states in India.

Nspira offers customized services to organizations that aim for professional excellence. With a primary focus on educational institutions, Nspira also assists businesses in other domains.

Press coverage relating to the transaction is available here (Economic Times), here (VCCircle) and here (Deal Street Asia).

OUR ROLE

We, at Nishith Desai Associates, acted as legal and regulatory counsel to Nspira on this transaction, assisting them with structuring, documentation and negotiations.