Everstone could pick up a 35 per cent share in S Chand according to a report in the Times of India, which said the company was aiming to grow content through acquisitions and an increased focus on digitisation.
S Chand publishes textbooks ranging from primary school level to advanced engineering, science and business, and distributes across South Asia, the Middle East and Africa.
That amount would net Everstone a ten per cent stake in the company, which is looking to raise its assets under management to $1bn.
Other prospective investors include Temasek Holdings and AIF Capital.
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