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First IPO Under GIFT City's IFSC Regime - DRHP Filed; Executive Education Platform Leads the Charge
Over the last decade, XED has built a portfolio of strategic partnerships with top global institutions, offering immersive leadership programs tailored for CXOs and business heads worldwide. Operating across India , the GCC, Southeast Asia , LATAM, and the US, XED serves senior leaders through hybrid and in-person formats focused on transformation, AI leadership, financial stewardship, and innovation.
With GIFT City rapidly positioning itself as a new frontier for international listings, XED's DRHP filing reflects strategic intent to access global capital while remaining aligned with Indian oversight. "This IPO isn't just a capital event – it's a strategic inflection point for the entire executive education space. We're building a category where deep learning, global faculty access, individual learning goals and enterprise context intersect. The DRHP filing is just the beginning," said John Kallelil , Managing Director, XED Executive Development Limited.
"Our forthcoming listing underscores XED's commitment to growth and innovation," added
Piyush Agrawal , CFO, XED, emphasizing that the listing will help the firm unlock new foreign capital avenues.
Abhishek Kaushik , CEO of Global Horizons Capital Advisors, noted that XED's decision demonstrates confidence in GIFT IFSC as a credible international financial hub.
The company plans to use the listing to further expand university partnerships, develop new programs for high-growth sectors, and scale delivery internationally. Offerings such as the Oxford General Management Program, Cornell Chief AI Officer Program and other boardroom-level interventions illustrate the firm's stronghold in CXO education.
The proposed issue is open only to eligible non-resident Indian and foreign nationals, as per Indian Foreign Exchange Management Act (FEMA), 1999.he proposed issuance is open only to eligible non-resident investors, as per GIFT IFSC regulations.
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