NSPIRA Management Services Funding, Investors & Competitors

NSPIRA Management Services has raised $135M across 2 funding rounds, most recently a $75M undisclosed-stage round in July 2018.

Last NSPIRA Management Services funding round

$75M

Undisclosed stage · Jul 2018

Cumulative funding NSPIRA Management Services raised

$135M

across 2 funding rounds

Key investors in NSPIRA Management Services

  • Morgan Stanley
  • CX Partners
  • Olympus Capital Holdings Asia
  • BanyanTree Finance Pvt. Ltd.

NSPIRA Management Services Overview

About NSPIRA Management Services

NSPIRA Management Services is a New Delhi-based consultancy delivering operational management for educational institutions. The firm advises on IT infrastructure, curriculum development, accreditation, and compliance for K-12 schools and higher education. nspira.in draws from expertise in engineering, business, and healthcare to implement digital transformation projects.


Founded

2013

HQ

IndiaHyderabad

Website

nspira.in

Status

Privately held

Customer focus

B2B

Revenue model

Services

NSPIRA Management Services Funding History

NSPIRA Management Services has raised a total of $135M across 2 funding rounds.

NSPIRA Management Services' first fundraising round was a $60M undisclosed-stage round in January 2016. The most recent completed round was a $75M undisclosed-stage round in July 2018.

NSPIRA Management Services funding rounds

NSPIRA Management Services funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2018Undisclosed stageBanyanTree Finance Pvt. Ltd. (lead); Morgan Stanley (lead)$75MNSPIRA Management Services Pvt. Ltd. is an education services provider offering end-to-end solutions for the Narayana Group's educational institutes, including staffing, IT infrastructure, sales and marketing, facilities management, organizational development, and administrative functions. It also engages in education curriculum development and coaching services for medical and engineering competitive exams. NSPIRA operates within the Hyderabad-based Narayana Group, founded in 1979, which runs over 750 schools, colleges, coaching centers, and professional colleges across 23 states, employing 50,000+ staff and serving 600,000+ students annually, with strong focus on NEET and JEE prep. The company raised $75 million (Rs 515 crore) in equity in July 2018 from a fund managed by Morgan Stanley Private Equity Asia (MSPEA, ~$67 million primary capital) and BanyanTree Growth Capital II, led by both investors. Funds were allocated for organic and inorganic growth, geographic expansion, client base increase, product development, facility modernization, and digital business scaling. This investment ranked among India's largest education sector deals at the time. By 2023, Narayana Group planned to buy out the stakes for Rs 1,400 crore (~$169M) via structured debt arranged by Barclays, using most funds for the acquisition and some for group discretionary spending. Narayana derives major revenue from tuition fees for 11th-12th standards entrance exam courses.
Jan 2016Undisclosed stageOlympus Capital Holdings Asia (lead); CX Partners$60M-

Who has invested in NSPIRA Management Services?

4 investors have backed NSPIRA Management Services across its funding rounds, including Morgan Stanley, CX Partners, Olympus Capital Holdings Asia and BanyanTree Finance Pvt. Ltd..

Lead investors include BanyanTree Finance Pvt. Ltd., Morgan Stanley and Olympus Capital Holdings Asia.


NSPIRA Management Services Investors

Investors in NSPIRA Management Services by funding rounds participated
InvestorHQRoundsRoleFirst check
CX PartnersIndiaIndia1ParticipantJan 2016
Olympus Capital Holdings AsiaUnited StatesNew York City, NY1LeadJan 2016

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Investments by NSPIRA Management Services

NSPIRA Management Services has invested in 1 company to date.

Latest investment by NSPIRA Management Services was on July 22nd 2017. NSPIRA Management Services invested in Monkeybox Food Tech. Pvt. Ltd. in their Seed round.


Latest Investments by NSPIRA Management Services

Monkeybox Food Tech. Pvt. Ltd.
Description
MonkeyBox Food Tech was a Bengaluru food-delivery company incorporated in 2015 to prepare and deliver nutritionally planned meals for schoolchildren. Its subscription service used centralized kitchens, chefs and nutrition specialists to supply breakfasts, lunches and snacks directly through participating schools. The company reported serving thousands of subscribers across Bengaluru and raised seed and pre-Series A capital to expand its kitchens and marketing. MonkeyBox broadened its offering in 2017 by acquiring Delhi cold-pressed-juice producer RawKing and Bengaluru office-meal service 75 In A Box. It later suspended operations in 2018 after struggling to build a sustainable business in the competitive food-delivery market.
HQ CountryIndia
HQ City
Bangalore
Deal Date22 Jul 2017
RoundSeed
Raisedundisclosed
InvestorsNB Ventures; Blume Ventures
Valuationundisclosed
EV/Revenue
EV/EBITDA

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NSPIRA Management Services Competitors

NSPIRA Management Services competitors include listed companies like Accenture, HCLTech, Experian and Cognizant, and private ones like Cognitive Boundaries Education and Yuanfudao.

Public and private companies comparable to NSPIRA Management Services
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Cognitive Boundaries EducationChinaNanjingPrivate--$2B-
AccentureUnited StatesUnited StatesPublicly listed$74B$13B$154B2.1x
HCLTechIndiaIndiaPublicly listed$14B$2.7B$41B2.7x
ExperianIrelandIrelandPublicly listed$8.4B$3B$36B4.7x
CognizantUnited StatesUnited StatesPublicly listed$21B$4B$29B1.3x
YuanfudaoChinaBeijingPrivate$1.4B-$17B11.7x

NSPIRA Management Services Public Comps

NSPIRA Management Services is still privately-owned, but its public comps include Accenture, HCLTech, Experian, Cognizant, Verisk Analytics, Capgemini, Equifax, Nomura Research Institute, Leidos and Bureau Veritas.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Accenture$74B$13B2.1x2.1x12.4x11.0x
HCLTech$14B$2.7B2.8x2.7x14.4x12.9x
Experian$8.4B$3B4.9x4.7x13.7x13.0x
Cognizant$21B$4B1.4x1.3x7.5x7.2x
Verisk Analytics$3.1B$1.7B9.9x9.5x18.2x16.8x
Capgemini$25B$3.3B1.3x1.2x9.8x7.8x
Equifax$6.1B$1.8B4.5x4.2x15.0x13.1x
Nomura Research Institute$5.2B$693M4.0x3.9x29.9x18.0x

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Common questions about NSPIRA Management Services

When was NSPIRA Management Services founded?NSPIRA Management Services was founded in 2013.
Where is NSPIRA Management Services headquartered?NSPIRA Management Services is headquartered in Hyderabad, India.
Is NSPIRA Management Services publicly listed?No, NSPIRA Management Services is a private, VC-backed company.
How much funding has NSPIRA Management Services raised?NSPIRA Management Services has raised $135M across 2 funding rounds.
What was NSPIRA Management Services' last funding round?NSPIRA Management Services' last funding round was a $75M undisclosed-stage round in July 2018, led by BanyanTree Finance Pvt. Ltd. and Morgan Stanley.
Who are NSPIRA Management Services' investors?NSPIRA Management Services' investors include CX Partners, Olympus Capital Holdings Asia, BanyanTree Finance Pvt. Ltd. and Morgan Stanley.
Which companies are comparable to NSPIRA Management Services?Companies comparable to NSPIRA Management Services include Cognitive Boundaries Education, Accenture, HCLTech, Experian, Cognizant and Yuanfudao.
How many companies has NSPIRA Management Services invested in?NSPIRA Management Services has invested in 1 company, including Monkeybox Food Tech. Pvt. Ltd..
What was NSPIRA Management Services' last investment?In July 2017, NSPIRA Management Services invested in Monkeybox Food Tech. Pvt. Ltd.'s seed round alongside NB Ventures and Blume Ventures.

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