Deal to be biggest ever in Indian real estate sector.
It backed a residential project of Rajesh LifeSpaces earlier this month.
Deal involves fresh investment by ADV in the sports technology firm.
This is the second deal by IFC in education sector this month.
Ghaziabad-based developer Saya Homes recently raised debt funding from Edelweiss.
Overall PEs more than doubled their investment value.
It also part-exited Triveni Engineering recently.
The firm had invested in the project in early 2014.
Last month, it agreed to sell 75 per cent of Transrail Lighting.
It had previously mobilised $50 million from Soros Economic Development Fund.
The taxi-hailing app has raised more than $1.3 billion to date.
It initially bought 73.56 per cent stake in August.
Second significant deal in investment banking space after Axis acquired Enam.
ICICI Bank is also divesting some stake in general insurance arm to Fairfax.
Reliance Infra recently said it is looking to sell stake in road projects.
The fund was raised in 2006 and invested in 13 projects.
It is looking to raise $300 million.
This was the PE firm's first investment in India.
The government relaxed FDI norms in cable business early this week.
CL Educate is backed by mid-stage PE firm Gaja Capital.