Six education deals closed or advanced this week, Info Edge buying Coding Ninjas, KKR paying roughly ₹1,500 crore for a single Gurugram school, upGrad finally clearing its Unacademy merger, more M&A in seven days than most quarters see. At the same time India’s colleges crossed 4.5 crore students with STEM enrolment topping 1 crore for the first time, 15 foreign universities lined up to open campuses in Hyderabad and IIM Bangalore opened its first overseas campus in Indonesia, and a Maharashtra probe found out how June’s teacher exam actually leaked, out of an Agra press and inside a shoe.

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Spotlight

AISHE’s mixed report card: bigger, more female, still not very NEP

India’s higher education system just got its annual physical, care of the Ministry of Education’s All India Survey on Higher Education (AISHE) for 2023-24, and the topline numbers are strong. Total enrolment crossed 4.5 crore for the first time, up 31.5% since 2014-15, STEM enrolment passed the 1-crore mark for the first time, and women closed in on parity with a Gender Parity Index of 1.08 alongside sharp gains among SC and ST students. Karnataka nosed ahead of Punjab as India’s top destination for foreign students, most of them from Nepal, while Uttar Pradesh topped overall enrolment with 72.7 lakh students. But the survey’s first dedicated module tracking NEP 2020 implementation tells a patchier story: only 56% of universities have introduced four-year undergraduate programmes, just 41% run internship cells, and a mere 7% have apprenticeship cells four years into the policy. Just 15% of universities participate in international rankings and only 4% offer joint degrees with foreign institutions, numbers that sit awkwardly next to the government’s push to position India as a global education hub. The system is bigger and more inclusive than it was a decade ago.

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