Bertelsmann Expands Global Footprint with $4.9M Investment in iNurture...

Financing

Bertelsmann Expands Global Footprint with $4.9M Investment in iNurture Education

Oct 31, 2014

iNURTURE: INR 30 crore (approximately US $4.9 million) to Bangalore, India-based iNurture Education Solutions in a third financing round led by Bertelsmann India Investments. Founded in 2004, iNurture offers online, accredited "career-ready" courses in fields including business, finance, teacher training, IT and software engineering. The company has also partnered with more than 20 Indian universities to provide an array of services, from marketing to curriculum support. More details from YourStory.

The marks the third deal for Bertelsmann, a German-based international media powerhouse, in the past couple months, following its investment in Udacity's $35 million round and acquisition of Relias Learning.

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