Morgan Stanley PE, Banyan Tree invest $75 mn in Nspira Management

Nspira Management Services, an education services provider, has raised $75 million from Morgan Stanley Private Equity Asia and Banyan Tree Growth Capital II.

As part of the current transaction, a fund managed by Morgan Stanley Private Equity Asia has invested about $67 million of primary capital into the company for a minority stake. The process will be used to fund the organic and inorganic growth plans of the company. 

Nspira currently offers its services to over 500 educational institutions with a student base of close to 400,000 across 13 states in India. The company also offers space for coaching services for medical