NEW DELHI : Indian Edtech firm Simplilearn has roped in Deborah Quazzo of US-based GSV Ventures, a known name in education investment space, to join its board of directors, the company said Monday. Quazzo’s onboarding comes on the back of Blackstone Group buying a majority stake in Simplilearn for $250 million in July. Quazzo is the managing partner at GSV Ventures and has vast experience in the education and corporate skilling sector and is an established name in the EdTech venture fund community. Global private equity firm Blackstone has invested $250 million (over ₹1,870 crore) in Simplilearn Solutions Pvt. Blackstone is a global private equity giant and has previously invested in test-prep firm Aakash Education and Byju’s.

Source: Mint August 09, 2021 10:07 UTC