Home » Bodhi Tree announces $600 million investment in ALLEN Career Institute

Bodhi Tree announces $600 million investment in ALLEN Career Institute

ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world’s most admired and trusted education brand.

$600 million investment by Bodhi Tree will help scale India’s biggest and most successful test-prep company, ALLEN Career Institute.

ALLEN is an education powerhouse with an unparalleled track record of success in the world’s most competitive college entrance examinations and Olympiads. ALLEN has a pan-India footprint with a growing presence in Middle East through 138 classroom centers in 46 cities, a team of highly dedicated and renowned faculty members, and a pedagogy that has been perfected over three decades. Bodhi Tree Systems is a newly formed platform between Lupa Systems Founder and CEO James Murdoch and Uday Shankar, the former president of The Walt Disney Company Asia Pacific and former Chairman of Star and Disney India. Bodhi Tree Systems will leverage its founders’ shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future.

ALLEN’s partnership with Bodhi Tree Systems will build further on the test-prep offering and deliver at-scale positive impact for millions of students in test-prep and K12 segments, using technology as the core driver of value. “Education is a critical consumer need, driven by its deeply transformative impact on lives and livelihoods of consumers,” Murdoch and Shankar said. “We believe that education is on the cusp of a technology led renaissance that will fundamentally alter how education is imparted and will increase its efficacy. ALLEN’s unrivaled success and scale provide the right foundation to build the digital education company of the future. We are excited to work with the Maheshwari family to build an outcomes-focused digital education company that delivers on the aspirations of millions of learners and parents in India and beyond.”

Source: PR Newswire