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Bodhi Tree, the investment firm backed by James Murdoch and former Disney executive Uday Shankar, is investing $600 million in ALLEN Career Institute. Bodhi Tree said that its investment in the 33-year-old test prep institute is strategic in nature. Founded by Rajesh Maheshwari in 1988, ALLEN operates 138 classroom centres in 46 cities across India and the Middle East.
short by Hiral Goyal / 07:00 pm on 01 May
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