Lincoln, Nebraska, and New Delhi, October 5th / PRNewswire / -- Nelnet, Inc. ( NYSE : NNI ) Its subsidiary Nelnet Business Services ( NBS ) has announced the acquisition of Entab Infotech Pvt, a leading provider of school administration, management, and learning technology software in India. Ltd. ( Entab ).
This acquisition is seen as an important step in NBS's international expansion strategy, extending its opportunities in school management, tuition fees, and campus technology products to India. India is one of the largest K-12 education markets in the world. Thereafter, the business will operate under the name of “Entab, a Nelnet company”, while retaining the Entab brand, management team, and the customer relationships that the schools in India currently depend on.
Nelnet Business Services President DeeAnn Wenger stated: "This acquisition is an important milestone in our strategy to build a global platform aimed at helping educational institutions operate more efficiently and better serve students and families. Entab has become one of the most trusted education technology providers in India, having earned the trust of over 1,000 schools through innovation, customer commitment, and deep market experience. With our collaboration, we have the opportunity to accelerate innovation, expand our influence, and create greater value for the educational communities we serve worldwide."
Entab was established in the year 2000, with its headquarters located in New Delhi. It provides Enterprise Resource Planning (ERP) and Learning Management Systems through its flagship CampusCare ® platform, serving over 1,000 schools and supporting more than 1.5 million students across 28 states of India.
Entab, Chief Executive Officer and Co-Founder, stated: "Joining Nelnet Business Services will significantly enhance our channels for acquiring resources and expertise, enabling us to accelerate our product roadmap while continuing to provide support with the same team and service commitment that schools experience today."
Co-founder Entab added, "With the support of NBS's capabilities and scale, we look forward to creating greater value for schools, teachers, students, and parents, as well as expanding our reach in India."
The 290 employees of Zacharias, Thomas, and Entab will all remain in their positions, and the company will also continue to maintain its existing office in New Delhi to provide uninterrupted services to its customers.
NBS, Vice President of International Operations and General Manager, stated: "After getting to know the Entab team, their clients, and their deep commitment to service-oriented schools, we have witnessed firsthand the strength of their platform and the trust they have earned in the education sector. This merger is not just an acquisition; it represents two organizations with a shared mission coming together to help schools thrive. Our integration strategy will be prudent and orderly, ensuring continuity for customers and employees, while creating a stronger and more innovative platform that will help define the next generation of school management solutions."
In this transaction, Cyril Amarchand Mangaldas served as the legal advisor for NBS in India, while Baker McKenzie acted as their international legal advisor. The Indian firm IndusInd Bank Ltd provided transaction banking and foreign exchange consulting services.
Moxie Capital Mumbai serves as a financial advisor, PMA Associates provides project consulting, and Khaitan & Co act as legal advisors for the shareholders of Entab.
About Nelnet Business Services
Nelnet Business Services ( NBS ) is a department under NYSE : NNI, providing payment technology and community management solutions for K-12 schools, higher education institutions, and enterprises in the United States and internationally. It serves over 1,200 higher education institutions and nearly 12,000 K-12 schools worldwide.
About Nelnet
Nelnet is a diversified company whose main businesses include consumer loans, loan services, payments, and technology – and it has a large number of customers in the education sector. Nelnet is headquartered in Lincoln, Nebraska, and employs over 5,700 people. For more information, please visit www.nelnet.com.
About Entab
Entab was established in 2000, providing ERP, learning management, and experiential learning solutions for the education sector in India. Its flagship CampusCare ® platform integrates key school functions such as enrollment, tuition management, school operations, real-time tracking, and parent interaction into a unified digital ecosystem. With the launch of India's "National Education Policy" ( NEP ) in 2020, Entab expanded its products to include experiential learning solutions designed to support teaching and learning outcomes.
