Novistra Capital

Novistra Capital advises Meghe Group on strategic partnership with Bromsgrove School

London and New Delhi, June 2026

Novistra Capital acted as exclusive advisor to Meghe Group, one of Maharashtra’s leading education networks, on its strategic partnership with Bromsgrove School, one of the United Kingdom’s oldest and well-respected independent schools.

The partnership will establish Megrove Global Schools, a new co-branded international school group in India. The first schools are expected to launch in Pune and Mumbai, bringing together Bromsgrove’s 470-year heritage of academic excellence and Meghe Group’s established presence, operational depth, and long-standing commitment to education in Maharashtra.

Megrove Global Schools will offer an internationally oriented education model designed for India’s evolving K-12 market. The schools will combine rigorous academics, broad co-curricular development, and a global outlook, while being rooted in the needs and aspirations of Indian families seeking high-quality international education.

The partnership reflects the continued evolution of India’s K-12 sector, as demand for high-quality international education expands across a wider spectrum of premium school models. Partnerships such as Megrove Global Schools also demonstrate the potential for co-branded schools that combine global academic heritage with strong local execution.

Vipul Bhargava, Partner and Managing Director at Novistra Capital, said:
“We are delighted to have advised Meghe Group on its partnership with Bromsgrove School. This transaction represents an important step in the evolution of international school partnerships in India, where we expect to see a broader range of co-branded models emerge across premium education segments. Meghe Group brings deep local experience and institutional commitment, while Bromsgrove brings a distinguished academic heritage and global reputation. Together, they are well positioned to create a differentiated school platform for families in Pune, Mumbai, and beyond.”

Sagar Meghe, Chairman of Meghe Group, said:
“This partnership with Bromsgrove School marks a defining chapter for the Meghe Group. For decades, we have built institutions rooted in the belief that quality education transforms lives and communities. Bromsgrove’s centuries of academic heritage, its ethos of holistic development, and its standing among Britain’s finest independent schools make it the right partner to carry that vision forward. We are grateful to the team at Novistra Capital for their guidance throughout the process and in bringing two institutions of shared values together.”

Novistra Capital served as exclusive advisor to Meghe Group on the partnership.

About Meghe Group

Meghe Group of Schools is one of Maharashtra’s largest education networks, operating 23 institutions that serve more than 21,000 students. Spanning pre-primary, CBSE, and state board schools, the Group is recognised for academic quality, strong values, and a long-standing commitment to expanding access to high-quality education across India.

About Bromsgrove School

Founded in 1553, Bromsgrove School is a leading UK independent school with a long-standing reputation for academic excellence, co-curricular breadth, and international outlook. Located on a 100-acre campus in Worcestershire, the School educates pupils from age two to eighteen across day and boarding provision, with consistently strong outcomes at A Level and the International Baccalaureate.

About Novistra Capital
Novistra Capital is a boutique investment bank with offices in New York, London, Dubai, New Delhi, and Bangalore. The firm provides M&A advisory, capital raising, and strategic advisory services with deep expertise across Education, Tech & Services, Financial Institutions, Healthcare, Media & Events, and Hospitality. Novistra’s Education practice is a global leader in advising schools, investors, and operators on cross-border partnerships and transactions.

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Vipul Bhargava

Managing Director

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Katrina Oropel

Vice President

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Vignesh Hariharan

Principal Consultant & General Counsel

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