Comments
Amelio Early Education, a corporate daycare provider, and a subsidiary of Babilou Grouphas acquired Tom & Jerry Creche, a Bengaluru-based chain of B2B childcare centres.
Amelio, founded in 2008 and headquartered in Chennai, operates across 15 centres, with 220 employees.
The acquisition will help Amelio to increase its footprint in Bengaluru through strong corporate partnerships. Amelio has partnered with companies, including Accenture, Mahindra Lifespaces, HCL, Murugappa Group, and Ashok Leyland.
Tom & Jerry Creche currently operates 7 centres for corporates such as Himalaya and Volvo.
“I am very happy to join the Amelio family and the Babilou network. Our values and culture are aligned and together we believe that the Indian B2B childcare market holds a tremendous potential. I am excited about what we will create in the coming years,” said Seena Edvin, Founder, Tom & Jerry Creche.
Speaking about the acquisition, Sridevi Raghavan, CEO, Amelio said, “We at Amelio are thrilled to have Seena and her team join our family of early childhood educators. Together, we will be able to deliver on our mission of providing high quality affordable childcare to children, thereby serving the needs of parents in the Indian market.”
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.