
GEMS Modern Academy is owned by GEMS Education, a privately held international education company headquartered in Dubai and founded by Sunny Varkey in 1968. GEMS Education operates 45 schools in the UAE serving approximately 146,000 students. GEMS Modern Academy, located in Smart City Kochi, Kerala, India, opened in 2019 on an 8.3-acre campus and offers International Baccalaureate and Cambridge curriculum for students aged 3 to 18.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| GEMS Modern Academy | GEMS Education | Wholly owned |
GEMS Education established GEMS Modern Academy in 2019 in Kochi, Kerala, India. The school was developed to serve the international and professional community in Kochi, one of India's fastest-growing cities and home to a significant expatriate and high-income domestic population.
The school opened on an 8.3-acre campus in Smart City Kochi, a technology and business park developed as a joint venture between the Government of Kerala and Dubai Internet City. The Smart City location was a deliberate strategic choice. It positions GEMS Modern Academy to serve families employed in the technology and business sectors concentrated in that development.
GEMS Education's entry into Kerala represented an extension of its broader India strategy. The group had been operating schools in India for several decades under various brands, primarily serving the Indian curriculum market in cities with large expatriate populations. GEMS Modern Academy was designed as a premium international school offering IB and Cambridge qualifications, targeting families seeking globally recognized credentials for their children.
The school offers the International Baccalaureate Primary Years Programme, Middle Years Programme, and Diploma Programme, alongside Cambridge Assessment International Education qualifications. This dual-curriculum model gives students and families flexibility in choosing the qualification pathway most appropriate for their university ambitions.
As a school opened in 2019, GEMS Modern Academy is still building its track record. The school has not yet produced multiple graduating classes with established university placement records. However, it operates within GEMS Education's network, which provides curriculum support, teacher recruitment, and operational infrastructure.
GEMS Education's FY2024 performance, with revenue reaching approximately $1.4 billion and EBITDA of approximately $380 million, reflects the financial health of the broader network. The group's $540 million investment plan for UAE facilities, announced in 2024, signals continued capital investment across GEMS schools, though the Kochi school's specific allocation within this plan has not been publicly detailed.
What does GEMS Education own?
GEMS Education owns and operates 45 schools in the UAE serving approximately 146,000 students, plus schools in Qatar, Egypt, and India. The company's school brands include GEMS World Academy, GEMS Modern Academy, Our Own English High School, GEMS American Academy, Cambridge International School, GEMS Founders School, and several UK-based schools managed through its Bellevue Education subsidiary.
Is GEMS Education publicly traded?
No, GEMS Education is a privately held company. The Varkey family retains controlling ownership. In 2024, the State Oil Fund of Azerbaijan (SOFAZ) invested $100 million in the company, but GEMS remains private and does not trade on any stock exchange. The company does not publicly disclose detailed financial results.
Who founded GEMS Education?
GEMS Education was founded by Sunny Varkey, who took over his parents' small school in Dubai in 1980 and expanded it into a global education company. His parents, Mariama and K.S. Varkey, started the original school in 1968. Sunny Varkey formally established GEMS (Global Education Management Systems) in 2000 as the corporate entity for the school network.
Where is GEMS Education headquartered?
GEMS Education is headquartered in Dubai, United Arab Emirates. The company has maintained its headquarters in Dubai since its founding and operates its largest school network in the emirate, with 99,000 of its 146,000 UAE-based students attending schools in Dubai.
How many brands does GEMS Education own?
GEMS Education operates 9 school brands and campus networks, including GEMS World Academy, GEMS Modern Academy, Our Own English High School, GEMS American Academy, Cambridge International School, GEMS Founders School, Sherborne House, The Hampshire School Chelsea, and GEMS Learning Trust. The company is also building a network of 1,000 GEMS Partner Schools in India.
Who owns GEMS Education?
GEMS Education is controlled by the Varkey family. Sunny Varkey serves as Founder and Chairman, and his elder son Dino Varkey serves as CEO. The State Oil Fund of Azerbaijan (SOFAZ) invested $100 million in 2024, making it a significant minority investor. The company is privately held and does not have a controlling shareholder outside the Varkey family.
GEMS Modern Academy holds authorization from the International Baccalaureate organization to offer the Primary Years Programme. IB authorization requires the school to meet rigorous international educational standards, including curriculum design, faculty qualifications, and institutional governance. The school is listed in the IB's official school database under school code 061077.
The school is also affiliated with Cambridge Assessment International Education, providing external validation of its educational standards and practices. Cambridge affiliation requires alignment with internationally benchmarked educational frameworks and periodic review.
As a school opened in 2019, GEMS Modern Academy has not yet accumulated a lengthy record of independent awards. Its institutional credibility comes from IB and Cambridge authorization and from GEMS Education's established reputation in international private schooling.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Cognita Schools | United Kingdom | 1979 | Premium | Regional | All Genders | |
| Inspired Education Group | Belgium | 1965 | Premium | Regional | All-ages | |
| Inspired Education Group | Italy | 1969 | Premium | Regional | All-ages | |
| Inspired Education Group | Uruguay | 1981 | Premium | Regional | All-ages | |
| Gems Education | United Arab Emirates | 2008 | Luxury | United arab-emirates | All-ages | |
| Inspired Education Group | New Zealand | 1975 | Mass market | Regional | All Genders |
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