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Bangalore-based iNurture Education Solutions, which offers higher education services, has raised Rs 30 crore ($ 5 million) from Bertelsmann India Investments, the strategic investment arm of the international media group, Bertelsmann.
ALMT Legal acted for iNurture Education Solutions and existing Investors. The ALMT team was led by Bangalore Partner Dhanya Menon along with Senior Associate Arindam Basu and Associate Parineeta Srivatsa.
S&R Associates advised Bertelsmann India with a team led by Partner Rajat Sethi along with Rachael Israel, Ganeev Kaur Dhillon and Raya Hazarika
iNurture had previously raised two round of investments from GVFL (in 2009) and Ascent Capital (in 2012), according to VCCircle.