Hyderabad: Hong Kong firm buys Oakridge International School

Hyderabad | Friday | 22nd February, 2019

Summary:

Apart from two campuses in Hyderabad – at Gachibowli and Bachupally the Oakridge International also has branches in Visakhapatnam, Bengaluru and Mohali. Hyderabad: Education in Hyderabad is going to get an International touch after one of the best private schools in Hyderabad- the Oakridge International is reported to have been bought over by a Hong Kong-based company the Nord Anglia Education. With this acquisition, Nord Anglia Education will have a venture in India. According to top sources in the education sector, the Oakridge International has been bought for an estimated Rs 1,500-1,600 crore and has been concluded only weeks ago. The school is managed by People Combine, an education management and consulting company that was set up about two decades ago by two Indian School of Business (ISB) alumnus Naga Prasad Tummala and Y V Rajasekhar..