CL Educate Takes 51% Stake in Accendere

CL Educate Takes 51% Stake in Accendere

ACCENDERE: Indian business site Business Standard reports that CL Educate has purchased a majority stake in startup Accendere. Accendere provides admissions consulting services to students applying to Indian universities. CL Educate provides test prep services and runs private schools around India; the company now owns 51% of Accendere. Other terms of the deal were not disclosed.

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