Novistra Capital

Novistra Capital advises Meraki Education on partnership with St Paul’s Girls’ School to establish SPGS International School Dubai

Dubai and London, December 2025

Novistra Capital acted as the exclusive advisor to Meraki Education, a leading school operator across the Middle East and Asia, on its strategic partnership with St Paul’s Girls’ School (SPGS), one of the UK’s top-performing independent schools.

The new purpose-built campus in Dubai will offer a British curriculum to boys and girls from Early Years through to Grade 12, combining SPGS’s rich history of academic excellence with Meraki Education’s track record in creating high-quality international schools.

Located in a prime Dubai community, SPGS International School Dubai will feature state-of-the-art facilities for science, technology, the arts, sport, and innovation, alongside dedicated spaces designed to promote student well-being and a strong sense of community. The school will bring SPGS’s distinctive principles of scholarship, creativity, and leadership to the UAE, offering students a competitive academic pathway, rich co-curricular opportunities, and preparation for entry to leading universities worldwide.

Ajay Rajendran, Chairman of Meraki Education, commented:
“We are proud to partner with St Paul’s Girls’ School to bring their rigorous academic heritage and culture of high achievement to the UAE. With Novistra Capital providing thoughtful and strategic advisory guidance in the partnership process, we have worked closely with SPGS to ensure that the new school reflects their inquiry-driven ethos and supports a future-focused curriculum spanning innovation, entrepreneurship, sustainability, and design. This collaboration will enable SPGS International School Dubai to deliver a premium British education defined by excellence, ambition, and opportunity for families in the region.”

Vipul Bhargava, Managing Director at Novistra Capital, said:
“We are delighted to have advised Meraki Education on this landmark partnership with St Paul’s Girls’ School. In our experience, great partnerships are a perfect combination of brand and execution. This partnership brings together proven expertise of Meraki team in UAE and Asia along with the great brand that St Paul’s Girls School is. We have no doubt that the school will be a success story in the rapidly burgeoning K12 market in UAE.”

About Meraki Education
Meraki Education, specializes in developing and operating high-quality international schools across the Middle East and Asia. With a strong focus on academic excellence, character development, and global citizenship, Meraki schools provide an enriching environment where students from diverse backgrounds are supported to thrive and progress to leading universities around the world.

About St Paul’s Girls’ School
St Paul’s Girls’ School is consistently ranked among the UK’s leading independent schools and is renowned for its academic outcomes, with a high proportion of graduates progressing to top global universities including Oxford, Cambridge, and Ivy League. The school combines intellectual rigor with a vibrant co-curricular program in music, the arts, sports, and community engagement, and through SPGS International is extending this ethos to carefully selected international partners.

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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