GEMS Education will implement 21 school projects with SEBI-backed AIF in India
BENGALURU: GEMS Education (India), part of the Dubai-based Varkey Group that operates K-12 school operators GEMS Education, has unveiled its plan to expand in India, investing up to USD 30 million over the next three to five years. The plan included the development of more than 30 GEMS-managed schools, 1,000 GEMS Partner Schools, and the establishment of a dedicated School of Education that focuses on teacher training, leadership development and educational research.“As part of its road expansion, GEMS India has confirmed a pipeline of 21 GEMS school projects. The first five schools are scheduled to open from the academic year of 2026 across Greater Mumbai, Uttar Pradesh, Kerala and Rajasthan. Another 16 schools are planned in the next two years in eight districts, adding to the existing schools in Gurgaon, Kochi and Lucknow NCR. Definitive plans are already in place in cities including Ghaziabad, Pune, Coimbatore and Raipur,” the press release said. The schools will offer CBSE, ICSE, Cambridge and International Baccalaureate (IB) courses.To support the long-term development of education, GEMS India plans to launch a Group II Alternative Investment Fund (AIF) under the SEBI (Alternative Investment Funds) Regulations, 2012, it said. The fund will focus on acquiring infrastructure for better schools and establishing new schools. Commenting on the announcement, Sunny Varkey, Founder and Chairman, GEMS Education, said: “Quality education remains a powerful source of social change. Our commitment to India is rooted in the belief that every child, regardless of geography or culture, should have access to a world-class education.”
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