Private equity has been buying up some of India's most prestigious schools. The pitch: better governance, professional management, and much-needed capital for a struggling sector.
But inside some of these acquisitions, something else is happening. Teacher training budgets are shrinking. Salaries are stagnating. And in at least one case, a school is paying 65% of its revenue in rent — to a landlord owned by the same firm that owns the school.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Creators and Guests
Host
Snigdha Sharma
Senior producer and co-host of The Ken's flagship daily news podcast. Previously hosted and produced podcasts at The Indian Express and Newslaundry
What is Daybreak?
Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.
Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.