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June 22, 2010

Deal Alert: Mayfield invests Rs 40-Cr in higher education firm Centum Learning



Edited excerpts from the Press Release:

Mayfield India Fund has made an investment of Rs 40 crores in higher education firm Centum Learning Ltd, a Bharti Group firm. Mayfield's Vikram Godse would be joining Centum's board of directors.

Centum has set up more than 130 vocational education centres in 90 cities across India. It has now launched another initiative - Centum U - Institute of Management & Creative Studies, which offers various undergraduate and postgraduate programmes in New Delhi, Mumbai, Pune, Mohali and Hyderabad. Besides this, Centum Learning is actively engaged with the State Governments to develop globally deployable skilled manpower and enhance employability quotient of both urban and rural youth.

For more information on Centum, visit http://www.centumlearning.com/

About Mayfield India


Mayfield started investing in India in 2006, and with a dedicated India
fund, raised in 2008, has made direct investments in companies like Satya Paul, Geodesic Techniques Fourcee and Paymate. Mayfield India focuses on companies with substantial operations in India that have the potential to become global leaders, with a special interest in Consumer, Specialty retail, technology & technology enabled services, infrastructure ancilliaries and Agri related companies.

For more information on Mayfield India, visit http://www.mayfield.com/india