- Wealth PMS (50L+)
According to a recent report by Morgan Stanley, of the total funds invested by private equity players, 60% was in the education sector. Companies like Byju’s, Springboard, upGrad, and GrayQuest accounted for the bulk of the $305 Million funding raised by private companies.
However, the stock markets that traditionally evaluate companies on more conservative parameters like profitability and earnings growth have given companies in this sector a thumbs down.
We took a look at two education companies that failed to make the grade in public markets . . .