PE Firms Flock to Digital Learning Biz

With the education system in India adopting increasingly advanced teaching technologies, interactive classroom teaching and web-based learning are seeing huge growth potential, not only across the metros but also in Tier II and III cities. Encouraged by government initiatives to improve IT infrastructure and training across public schools, private equity players are sensing potential in the nascent $200-million information and communication technology (ICT) market, within the education sector.