Bodhi Tree completes acquisition of 36% stake in Allen Career Institute for $600 mn
Allen is one of Indias largest coaching institutes, preparing students for entrance exams for engineering and medical sciences and for other streams. Founded by Rajesh Maheshwari in 1988, it claims to have a pan-India footprint with a growing presence in the Middle East. At present, it has 138 classroom centres in 46 cities.