Blackstone acquired a majority stake in Globetrotters Educational Innoventions, the management entity operating Jayshree Periwal International School and six pre-schools in Jaipur.

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    "summary": "Blackstone acquired a majority stake in Globetrotters Educational Innoventions, the management entity operating Jayshree Periwal International School and six pre-schools in Jaipur.",
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      {
        "url": "https://www.reddit.com/r/IndianTeenagers/comments/1w07d9l/comment/p6ax6zv/",
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        "score": 10,
        "author": "LetPsychological650",
        "excerpt": "A sensible post here !?",
        "posted_at": "2026-08-27T22:05:42.000Z",
        "author_url": "https://www.reddit.com/user/LetPsychological650/"
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      {
        "url": "https://www.reddit.com/r/IndianTeenagers/comments/1w07d9l/comment/p6b3rio/",
        "depth": 0,
        "score": 9,
        "author": "Accurate_Welcome3121",
        "excerpt": "Iss sub k3 baache kriti sanon ka ad wala drama ko chhode tabhi toh yeh dekhenge",
        "posted_at": "2026-08-27T22:38:22.000Z",
        "author_url": "https://www.reddit.com/user/Accurate_Welcome3121/"
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        "score": 9,
        "author": "crankydr",
        "excerpt": "Wait, Schools are not supposed to earn profits? Did not know that. Damn.",
        "posted_at": "2026-08-27T21:42:18.000Z",
        "author_url": "https://www.reddit.com/user/crankydr/"
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        "url": "https://www.reddit.com/r/IndianTeenagers/comments/1w07d9l/comment/p6dp7ln/",
        "depth": 0,
        "score": 7,
        "author": "Less_Statistician359",
        "excerpt": "Entire country is getting sold to either domestic friends or foreign investors. It’s a dire situation with catastrophic consequences for future generations. Love my country, love the culture, love where we come from. Do not love most people (especially because of their habits and actions), the deep rooted corruption, the inefficient administration, the lawlessness on streets, cities turning into g",
        "posted_at": "2026-08-28T08:45:11.000Z",
        "author_url": "https://www.reddit.com/user/Less_Statistician359/"
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        "score": 4,
        "author": "SuitableAd336",
        "excerpt": "Same with healthcare",
        "posted_at": "2026-08-28T03:29:11.000Z",
        "author_url": "https://www.reddit.com/user/SuitableAd336/"
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      {
        "url": "https://www.reddit.com/r/IndianTeenagers/comments/1w07d9l/comment/p6d0cey/",
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        "score": 2,
        "author": "hotboxinmanual",
        "excerpt": "nothing can be as bad as Indian bureaucrats controlling it tbh",
        "posted_at": "2026-08-28T05:20:24.000Z",
        "author_url": "https://www.reddit.com/user/hotboxinmanual/"
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      {
        "url": "https://www.reddit.com/r/IndianTeenagers/comments/1w07d9l/comment/p6asn0t/",
        "depth": 0,
        "score": 1,
        "author": "mommyishere2",
        "excerpt": "Wow you have a lot of knowledge\nWhy are no news channels talking about this",
        "posted_at": "2026-08-27T21:44:01.000Z",
        "author_url": "https://www.reddit.com/user/mommyishere2/"
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        "url": "https://www.reddit.com/r/IndianTeenagers/comments/1w07d9l/comment/p6puprl/",
        "depth": 0,
        "score": 1,
        "author": "Ehh_littlecomment",
        "excerpt": "It’s already bad. Lot of PE investment in schools.",
        "posted_at": "2026-08-30T01:50:14.000Z",
        "author_url": "https://www.reddit.com/user/Ehh_littlecomment/"
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    "evidence": [
      "[post] Blackstone acquired a majority stake in Globetrotters Educational Innoventions, which operates 1 school (Jayshree Periwal International School in Jaipur) along with 6 pre-schools.",
      "[post] As a result, Blackstone purchased a stake in the corporate management entity (Globetrotters) rather than buying the real estate or school entities directly."
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    "post_date": "2026-08-27T21:38:29.000Z",
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    "post_text": "Under Indian law, education is classified as a charitable activity, requiring schools to register under a trust, society, or Section 8 non-profit company. Any financial surplus generated must be reinvested back into the institution rather than distributed as profits or dividends. \n\n​However, many private entities bypass this regulation through corporate structures. Promoters often set up a separate for-profit company to lease land, provide infrastructure, management services, or curriculum to the non-profit school trust, legally siphoning out surplus funds via service fees and rent.\n\nBlackstone acquired a majority stake in Globetrotters Educational Innoventions, which operates 1 school (Jayshree Periwal International School in Jaipur) along with 6 pre-schools.\n\nIndian law prohibits foreign private equity funds from owning school operating societies directly. As a result, Blackstone purchased a stake in the corporate management entity (Globetrotters) rather than buying the real estate or school entities directly.  \n\nThis, is very, like extremely bad news for us. Private equity will make private schooling extremely unaffordable in India, if it is given easy entry. Knowing our politicians, that won't be hard. You all must already know the state of Govt schools, but if private schooling becomes too expensive, parents will have no choice but to enroll their children in government...",
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