Singapore investor funds for schooling in slums

Singapore based institutional investor company, Orient Global is looking at private schools for children from low income families of India.

The company is planning to invest $100 million educational sector of India. The company is looking for investment opportunities in private schools, which are running in slums. The company has already invested $1.1 billion in India's financial sector. Orient has tied up with microfinance providers, like Hyderabad's SKS Microfinance and Basix, to offer loans to entrepreneurs who wish to open schools in low-income areas. The fund will also scout for opportunities in China as well as sub-Saharan Africa.