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Blackstone-backed JP Schools to enter NCR

By · Published by Everything Blog

In short

JP Schools completed the property transactions with DLF's CSR arm while agreeing to maintain specific quality standards required by the seller. The move aligns with Blackstone's November 2025 commitment to direct $700 million into education-focused ventures across the country. Meanwhile, the school network currently runs five kindergartens and three large campuses in Jaipur, catering to a diverse domestic and international student body.

Key points

  • Global private equity firms are deploying capital into branded K-12 school networks to me…: Global private equity firms are deploying capital into branded K-12 school networks to meet the demand for seats in major cities.
  • The transaction requires the Jayshree Periwal Group of Schools to adhere to defined opera…: The transaction requires the Jayshree Periwal Group of Schools to adhere to defined operational quality standards set by the DLF Foundation.
  • Competition in the branded schooling sector is intensifying as global sponsors like KKR a…: Competition in the branded schooling sector is intensifying as global sponsors like KKR and EQT also invest hundreds of millions into Indian institutions.

Sources checked by our analysis pipeline: 1

JP Schools has agreed to certain terms and conditions with the DLF Foundation, which lay out quality norms to be followed for running the schools.

"We have completed the sale deeds and purchased two land parcels from the DLF Foundation," said Ayush Periwal, CEO, Jayshree Periwal (JP) Group of Schools. "We have agreed to certain conditions as part of the purchase. Our family name is on the gate of every school we build, and no contract can set a higher standard than that."

DLF Foundation is the corporate social responsibility arm of real estate developer DLF. JP Schools was founded by Jayshree Periwal.

Blackstone and DLF Foundation did not respond to ET's queries.

Private equity firms are in a race to acquire K-12 schools and create branded franchises out of them, as high-quality private schools in major cities have limited seats and are unable to meet increasing demand for enrolment.

Rival private equity firm KKR, which is a backer of K-12 education platform Lighthouse, recently acquired Pathways School in Gurgaon for a reported value of ₹1,500 crore.

Blackstone invested in…

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