M&A Deal Summary

Career Launcher Acquires NSE s Digital Assessments Business

On August 30, 2024, Career Launcher acquired information technology company NSE s Digital Assessments Business for 2.3B INR

Acquisition Highlights
  • This is Career Launcher’s 1st transaction in the Information Technology sector.
  • This is Career Launcher’s 0th largest (disclosed) transaction.
  • This is Career Launcher’s 2nd transaction in India.

M&A Deal Summary
Date 2024-08-30
Target NSE s Digital Assessments Business
Sector Information Technology
Buyer(s) Career Launcher
Deal Type Divestiture
Deal Value 2.3B INR

Target

NSE s Digital Assessments Business

Mumbai, India
NSE's Digital Assessments Business (NSEIT DEX) offers scalable solutions in recruitment & promotion exams, professional certifications, vocational assessments, entrance exams, university digital exams, and employability enhancement. NSE's Digital Assessments Business is based in Mumbai.

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Buyer(S) 1

Buyer

Career Launcher

New Delhi, India
Category Company
Founded 1996
Sector Education
Employees446
Revenue 3.2B INR (2024)
DESCRIPTION

Career Launcher owns and operates a chain of K12 schools under the brand name Indus World Schools. CLEIS Schools Division had 250+ test-prep centers spread across 115+ cities in India. Career Launcher was founded in 1996 and is based in New Delhi, India.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (India) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-10 Accendere Knowledge Management Services Pvt.

Chennai, India

Accendere Knowledge Management Services Pvt. Ltd. is a provider of universities and colleges improve their academic standings by enhancing their research output in the fields of engineering, technology, medicine, arts and law. It offers a number of services ranging from vertical specific workshops to research mentoring and guidance.

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