Serial entrepreneurs, angel investors, and capex light edu-business start-ups in India: Philanthropy, impact investing, and systemic educational change

Ball analyzes the rise of capital expenditure (capex)-light edu-business models in India, supported by serial entrepreneurs and angel investors. The chapter explores how blended finance, combining philanthropy and impact investing, can drive scalable systemic change in education. It highlights the inherent tensions between profit motives and the pursuit of public good, advocating for collaborative models rooted in local contexts and sustainable ecosystem building. The research suggests that while market-driven approaches can innovate, they must be carefully balanced with a commitment to equitable access and quality, ensuring that educational advancements truly serve broader societal needs in India.