Edtech working with Ivy League universities first to file for Gujarat's GIFT City IPO
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XED has filed its Draft Red Herring Prospectus (DRHP) ahead of a proposed IPO to be listed on the NSE International Exchange at GIFT City. The company is a global executive education platform that partners with Ivy League and other world-renowned universities to bring cutting-edge leadership programs to senior business leaders.The DRHP filing positions XED, a world leader in executive education, to become the first Indian company to pursue an IPO via GIFT City - a move designed to attract global investors aligned with its vision of creating a cross-border category leader in executive education.Also Read | Jio Financial Services & Reliance Industries among stocks bought and sold by PPFAS Mutual Fund in July With international capital access, regulatory flexibility, and a maturing investor base, GIFT City is increasingly becoming the preferred launchpad for Indian companies seeking strategic global scale.This proposed listing marks a significant milestone for the executive education sector - both for India and globally - signaling growing investor interest in outcomes-focused, cross-border learning ecosystems designed for the C-suite, according to a press release.XED's upcoming IPO aligns with its next phase of growth - scaling its partnerships, deepening global faculty access, and expanding into newer executive verticals such as sustainability, AI governance, board leadership, and digital transformation.Recent partnerships, including the Oxford General Management Program, Cornell Chief AI Officer Program, University of Virginia Darden CEO Program, the Oxford Senior Executive Leadership Programme, and the Carnegie Mellon Supply Chain Leadership Program, illustrate XED's stronghold in boardroom-relevant learning designed to solve enterprise-scale challenges.'This IPO isn't just a capital event - it's a strategic inflection point for the entire executive education space. We're building a category where deep learning, global faculty access, individual learning goals and enterprise context intersect. The DRHP filing is just the beginning,' said John Kallelil, Founder & CEO, XED Executive Development."Our forthcoming listing on India INX is a testament to our commitment to growth and innovation. We're confident that this milestone will enable us to access new capital streams and further establish our presence in the global market." said Piyush Agrawal, Co-founder & CTO, XED Executive Development.For fresh issue and offer for sale, promoters John Kallelil John and Meenu John are selling stake. The book running lead manager is Global Horizons and registrar of the offer is KFin Technologies Over the last 10 years, XED has worked with over 20 of the world's most respected academic institutions to deliver executive learning programs that are high-touch, immersive, and tailored for CXOs and senior business leaders across industries. Its portfolio includes deep engagements with institutions such as Cornell University, University of Oxford, University of Michigan Ross School of Business, Indian School of Business, University of Virginia Darden School of Business, and Carnegie Mellon University among others.Also Read | 7 equity mutual funds multiply lumpsum investments by over 2x in 3 years Unlike conventional online learning players, XED's approach combines global academic rigour with on-ground execution in key international markets - creating a unique model that goes beyond certifications. From AI leadership to strategic transformation, each program is designed with direct inputs from academia, industry, and boardroom-level insight, the release saidXED serves a rapidly growing global market of senior executives seeking contextual, future-forward learning to stay competitive in an increasingly uncertain world. Programs are currently delivered for participants across India, Africa, Europe, the GCC, Far East, and USA, with an expanding footprint of in-person, hybrid, and application-based modules.XED is a global executive education powerhouse built at the intersection of leadership, deep rooted vision, and brilliant execution capability.
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