France's Babilou Childcare Picks Majority Stake In Amelio Early Education
France's Babilou Childcare Picks
Majority Stake
In Amelio Early Education
As a part of its strategy to enter the Indian market,
French childcare group Babilou has acquired a majority stake in Chennai-based
Amelio Early Education.
Sridevi Raghavan, founder and CEO, Amelio Early
Education, said the partnership will help the company tap into the best
practices of international curriculum in the early-education space. It will
also help the company expand further into key Indian cities. Amelio Early
Education is a day-care centre and preschool was founded in 2008 and is
currently has 13 centres across Chennai and one in Bengaluru. For Babilou
group, it is a new opportunity for expansion in India.
The French group, founded in 2003, has 520 childcare
centres a combination of day-care centres, nursery clubs and nursery schools.
It is present in 8 countries including Germany, Belgium,
Luxembourg and the UAE.
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