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- NSPIRA Management Services
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
BanyanTree Finance Pvt. Ltd.
Olympus Capital Holdings Asia
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2018 | Undisclosed stage | BanyanTree Finance Pvt. Ltd. (lead); Morgan Stanley (lead) | $75M | NSPIRA 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 2016 | Undisclosed stage | Olympus 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, BanyanTree Finance Pvt. Ltd. and Olympus Capital Holdings Asia.
Lead investors include BanyanTree Finance Pvt. Ltd., Morgan Stanley and Olympus Capital Holdings Asia.
NSPIRA Management Services Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jan 2016 | ||
| 1 | Lead | Jan 2016 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialNSPIRA 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Publicly listed | $70B | $12B | $116B | 1.6x | ||
| Publicly listed | $14B | $2.7B | $35B | 2.3x | ||
| Publicly listed | $8.4B | $3B | $33B | 4.4x | ||
| Publicly listed | $21B | $4B | $28B | 1.3x | ||
| Private | $1.4B | - | $17B | 11.7x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $70B | $12B | 1.7x | 1.6x | 10.1x | 8.4x | |||
| $14B | $2.7B | 2.4x | 2.3x | 12.2x | 11.1x | |||
| $8.4B | $3B | 4.5x | 4.4x | 12.7x | 12.1x | |||
| $21B | $4B | 1.4x | 1.3x | 7.3x | 7.2x | |||
| $3.1B | $1.7B | 8.8x | 8.5x | 16.2x | 15.1x | |||
| $26B | $3.4B | 1.1x | 1.1x | 8.6x | 6.8x | |||
| $6.1B | $1.8B | 4.0x | 3.7x | 13.3x | 11.7x | |||
| $5.2B | $704M | 3.5x | 3.5x | 26.2x | 17.6x | |||
This data is available for Pro users. Sign up to see all NSPIRA Management Services competitors and their valuation data. Start Free Trial | ||||||||
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. |
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