Indian Education Services, CL Educate Files for IPO

CL EDUCATE, a New Delhi, India-based company that delivers test prep, vocational training and operates K-12 schools in India, is seeking to raise up to $40 million in an IPO, reports VCCircle. Founded in 1996, CL Educate is best known for Career Launcher, an online portal offering courses that prepare students for standardized tests for graduate programs and professional careers.

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