Lighthouse Learning (formerly known as EuroKids International Group) is a group of private educational institutions in India which runs a chain of schools and pre-schools with EuroKids, Kangaroo Kids, EuroSchool, Billabong High International School, Centre Point Group of Schools and Phoenix Greens School of Learning.[1] It runs 1,850 pre-schools and 60 K-12 schools in India, Maldives, Nepal, Bangladesh and the Middle East.[2] It was founded in 2001. A variety of private equity firms including KKR, Partners Group have had or have stake in the company.[1]
History
The company was founded as EuroKids International in 2001 by Prajodh Rajan and Vikas Phadnis. It entered the K12 segment with a series of EuroSchools in 2009.[3] In 2013, its 50% stake was acquired by Gaja Capital along with its Swiss investor Partners Group,[4] later increasing their shareholding in the company to 75% as the company acquired Kangaroo Kids and Billabong International High Schools franchises in 2017 to expand its business.[1][5] In November 2019, its 90% stake was acquired by US-based Private equity firm KKR for Template:INRConvert,[6] making it one of the largest foreign investments in India's educational sector.[7] The company was renamed Lighthouse Learning from EuroKids Group in 2021.[8]
The company has appointed Ibibo founder Ashish Kashyap,[9] educationist Indu Shahani[10] and Retailers Association of India chairman Bijou Kurien[11] to its board in 2021. In May 2021, it acquired Nagpur-based Centre Point Group of Schools (CPS). However, the company did not disclose the extent of dilution in holdings of the CPS Group.[2] In September 2021, the company launched its first edition of Educator's Impact Awards on Teacher's Day.[12]
Operations
The company owns and operates preschool brands like EuroKids Preschool, Kangaroo Kids Pre-schools, Mother's Pet and K12 schools - EuroSchool International, Billabong High International School,[5] Centre Point School in Nagpur serving more than 1,50,000 students[13][6] Kangaroo Kids has a network of 110 pre-schools, while Billabong High International School has a network of 35 schools, as of 2020.[7] Billabong High International Schools, which offers the Indian Certificate of Secondary Education (ICSE), International General Certificate of Secondary Education (IGCSE) and Central Board of Secondary Education (CBSE) boards, from pre-school through Grade 12, has its presence in Qatar, Dubai, Maldives and Saudi Arabia. The group operates and manages its own pre-schools and schools and also operates through the franchise model across India.[5][7]
Financials
The group reported revenue of Template:INR350 crore in FY2018 and in FY2019, its revenue was Template:INR450 crore. It has been growing around 22% per year.[1]
Awards and recognition
- In January 2020, the company was awarded the Best Online Children's Learning Award at the Education Innovation Awards under a pre-school category by Entrepreneur India and Franchise India.[14]
- It was named the Most Trusted Brand in the education category as per the TRA's Brand Trust Report 2020.[15]
- It was named Education Company of the Year by the VCCircle in 2020.[16]
- It won the Leading Preschool Chain (National)' and 'Innovation in Curriculum in Early Childhood Development' Award at World Education Award 2019.[17]
- The company was awarded as the 'Best Education Brand of 2018: Pre-School & Nursery Category' by The Economic Times. The award was bestowed by Maharshtra's Minister of Education, Vinod Tawde.[18]
- The company was awarded the 'Pre-School Franchisor of The Year' in the Business World Education's 'Top Education Brands In India' list 2017.[19]
- In 2016, it won the Indian Education Awards 2016 under the category Innovation in Early Learning at the Indian Education Congress Awards 2016.[20]
- EuroKids, founded in 2001, celebrated 25 years of its early childhood education journey, marking a significant milestone in shaping preschool learning in India.[21]
References
- ↑ 1.0 1.1 1.2 1.3 PE firm KKR enters education sector in India, buys 90% stake in EuroKids. Business Standard(14 August 2019).
- ↑ 2.0 2.1 Nagpur's Centre Point school group partners with Lighthouse Learning. The Times of India(25 May 2021).
- ↑ EuroKids- Setting Precedents for Preschool Education During COVID-19(30 June 2020).
- ↑ Gaja Capital-led investor consortium raising stake in EuroKids with further $8.3M deal(18 July 2013).
- ↑ 5.0 5.1 5.2 Gaja Capital puts preschool chain EuroKids on the block. The Economic Times(13 September 2018).
- ↑ 6.0 6.1 KKR buys 90% of EuroKids in Rs 1,475 crore deal. The Times of India(6 September 2019).
- ↑ 7.0 7.1 7.2 Kangaroo Kids takes a fresh guard(29 August 2020).
- ↑ EuroKids Group unveils its new identity. The Economic Times(4 June 2021).
- ↑ EuroKids Group appoints Ashish Kashyap to its board. The Economic Times(19 April 2021).
- ↑ EuroKids International appoints Dr Indu Shahani to its board. The Economic Times(8 March 2021).
- ↑ EuroKids appoints retail veteran Bijou Kurien to its board. The Economic Times(23 February 2021).
- ↑ Lighthouse Learning Launches Educator's Impact Awards. BW Education(8 September 2021).
- ↑ EuroSchool Mumbai Students Excel Again!(13 July 2021).
- ↑ EuroKids International Awarded As The 'Best Online Children's Learning At Education Innovation Awards 2022(28 January 2022).
- ↑ EuroKids International emerges as the Most Trusted Brand in the Education category in TRA's Brand Trust Report (BTR) 2020(4 December 2020).
- ↑ EuroKids, SBI Life, Urban Ladder, A91, AZB, Brookfield among winners of VCCircle Awards(27 February 2020).
- ↑ EuroKids International wins big at World Education Awards 2019(3 December 2019).
- ↑ EuroKids Presented With 'The Best Education Brand' At ET Best Education Brands Awards 2018(24 April 2020).
- ↑ EuroKids wins Pre-School Franchisor of the Year award(13 November 2017).
- ↑ EuroKids International wins award. The Times of India(2 June 2016).
- ↑ Celebrate 25 Years of EuroKids Legacy & Trust, EuroKids. EuroKids(2026-02-27). Retrieved 2026-03-27.