{
  "docId": "019dd923-5de0-76bd-a168-9e2ec37a14de",
  "docSlug": "e61e0835cd7dc1dc",
  "documentTitle": "Education: 2023 M&amp;A Deal Roundup and Trends to Watch Out for in 2024",
  "authorId": "LEK",
  "authorName": "L.E.K.",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 44,
  "pageCount": 57,
  "prevPage": 43,
  "nextPage": 45,
  "slideType": "geographic_map",
  "function": "illustrate_case",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": "The slide highlights specific investment deals as examples of global interest in Indian edtech.",
  "elementsJson": [
    "map",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a168-9e2ec37a14de/44",
  "deckHref": "/decks/019dd923-5de0-76bd-a168-9e2ec37a14de",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a168-9e2ec37a14de.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a168-9e2ec37a14de#slide-44",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.25,
        "x": 0.45,
        "y": 0.68
      },
      "kind": "callout",
      "text": "BYJU'S raised ~250M USD from U.S.-based Davidson Kempner Capital as part of a ~USD1B funding round",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c179d982-846d-4efc-90b8-799c666699c3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.25,
        "x": 0.58,
        "y": 0.32
      },
      "kind": "callout",
      "text": "Upskilling platform NxtWave raised ~33M USD led by U.K.-based Greater Pacific Capital, including participation from German Investment Corp.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cc8f3942-8852-46f5-900f-9b6b0d71ca75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.2,
        "x": 0.25,
        "y": 0.54
      },
      "kind": "callout",
      "text": "Dallas Venture Capital joined the latest series C funding round of Heuristix Digital, contributing to the investee's total raise of ~30M USD",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d87cdd00-158b-47c5-b15a-2a07c4fc597d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "India’s edtech companies, acknowledging the current lag in online education maturity compared to offline, position themselves for growth, making them appealing to global investors",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-2e33-71c7-81b5-d881c72edaec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.9,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "image",
      "text": "World map highlighting India as investee and US, UK, Germany as investors",
      "attrs": null,
      "subkind": "map",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "da5be87e-e604-434c-9c37-73e55412962f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Foreign investment value: $250M",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-2e33-71c7-81b5-dd2cda34f5c8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.8
      },
      "kind": "paragraph",
      "text": "India's edtech companies, acknowledging the current lag in online education maturity compared to offline, position themselves for growth, making them appealing to global investors",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3eeeee4c-2503-4920-9e74-fa4e1b1ffda1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.03,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: Mergermarket; Capital IQ; Crunchbase; L.E.K. research and analysis",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "454d4d41-5521-427e-966e-162ab1ff42c9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.06
      },
      "kind": "title",
      "text": "India emerges as a global hotspot, attracting substantial PE/VC funding and underscoring the global resonance of solutions offered by its edtech companies",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9aade9b3-a0ba-49dd-a477-a2482bfba29f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Audience frame",
      "slug": "audience-frame",
      "agent": null,
      "layer": "slide",
      "matchId": "b368e71c-3f80-48ee-b3c0-7832e23e41bc",
      "evidence": "The slide discusses global investors' interest in India's edtech sector.",
      "confidence": 0.5
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}