Inside Capital Partners (“Inside”) is pleased to announce its investment in HEPI (Hautes Études Pratiques Internationales), the education platform behind VATEL Madagascar, a leading provider of internationally recognised hospitality and tourism management programmes in Madagascar.
In Madagascar, access to high-quality higher education remains limited, while the aspirations of the younger generation continue to rise. Bridging the gap between education and employment — through both academic programmes and vocational training — is therefore critical.
This partnership will support HEPI’s ambition to scale its platform through the development of a new campus, the expansion of academic offerings, and a continued focus on practical, market-aligned education.
This investment reflects Inside’s conviction that backing locally anchored businesses addressing critical gaps in African economies can generate both strong impact and sustainable growth — in this case, by improving access to quality education, strengthening vocational pathways, and enhancing employability for Malagasy talent.
Nirina Rajaonary, Principal at Inside Capital Partners commented: “We are proud to partner with HEPI at this pivotal stage of its development. This investment reflects our conviction that strengthening human capital and employability through high-quality education in Madagascar is one of the most powerful drivers of long-term economic growth. We look forward to supporting the team in expanding programmes, and reinforcing governance.”
Faly Ramakavelo, Founder and CEO of HEPI added: “From our first discussions, I felt that Inside Capital Partners positions itself as a true partner. They provide not only capital but also strategic support that will enable us to accelerate our vision for HEPI. As an entrepreneur and business leader, that’s important. Indeed, this partnership will help us strengthen our platform to serve more Malagasy students, providing them with a world-class education and solid career paths, and also allow me to contribute, in my own way, to the development of my country.”