Blackstone to Acquire Majority Stake in Simplilearn, a Leading Online Learning Platform

Blackstone (NYSE:BX) announced that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire a controlling stake in  Simplilearn Solutions Pvt. Ltd., a leading online learning ‘bootcamp’ based in India offering digital skills training and courses to working professionals all over the world. Simplilearn was founded in 2010 by its Chief Executive Officer Krishna Kumar. Profitable for the fourth year in a row, the platform offers over 100…

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