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  1. Home
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  3. Education
  4. GEMS Modern Academy
GEMS Modern Academy logo
Education

Who Owns GEMS Modern Academy?

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.

Parent Company

GEMS Education

Founded

2019

Status

Private

Headquarters

Kochi, Kerala, India

GEMS Modern Academy Timeline

1968
GEMS Education

Parent company established in Dubai, United Arab Emirates

Company Founded
2019

GEMS Modern Academy

Founded by GEMS Education (established)

Founded
premiumpremiumIndiaall-agesOfficial Website

Who Owns GEMS Modern Academy?

  • Parent Company: GEMS Education
  • Ownership Type: Wholly owned
  • Company Type: Privately Held
BrandParent CompanyOwnership Type
GEMS Modern AcademyGEMS EducationWholly owned

History of GEMS Modern Academy

  • Founded: 2019
  • Founders: GEMS Education (established)

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.

About GEMS Education

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.

  • Founded: 1968
  • Headquarters: Dubai, United Arab Emirates
  • Company Type: Privately Held

Visit GEMS Education website

View full company profile for GEMS Education

Where Is GEMS Modern Academy Made / Based?

  • Headquarters: Kochi, Kerala, India
  • Manufacturing / Operations: India

GEMS Modern Academy Categories & Tags

International SchoolPrivate SchoolIndiaPremium EducationIb Curriculum

Awards & Recognition

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.

Brands Owned by GEMS Education

GEMS American AcademyEducation

GEMS American Academy

Owned by GEMS Education

Premium international school in Abu Dhabi offering American curriculum education for students aged 3-18 with emphasis on academic excellence and innovation.

international-schoolprivate-schoolabu-dhabi
GEMS World AcademyEducation

GEMS World Academy

Owned by GEMS Education

Flagship premium international school in Dubai offering International Baccalaureate curriculum for students aged 3-18 with extensive facilities and diverse student body.

international-schoolprivate-schooldubai
Our Own English SchoolEducation

Our Own English School

Owned by GEMS Education

Historic girls' school in Dubai offering Indian curriculum education for students aged 3-18, one of the world's largest single-location girls schools.

girls-schoolprivate-schooldubai
Sherborne HouseEducation

Sherborne House

Owned by GEMS Education

Independent preparatory school in Hampshire, England offering co-educational education for students aged 3-11 with emphasis on academic excellence and character development.

private-schoolpreparatory-schoolengland
View all brands owned by GEMS Education

GEMS Modern Academy Ownership: Pros & Cons

Advantages

  • +Backed by GEMS Education's global brand and operational expertise in international schooling
  • +Dual IB and Cambridge curriculum offering providing flexibility for university pathways
  • +Purpose-built 8.3-acre campus in Smart City Kochi with modern facilities
  • +Access to GEMS Education's global teacher recruitment and professional development network
  • +Strong parent company financial performance with approximately $1.4 billion revenue in FY2024
  • +Strategic location serving Kochi's technology and professional community

Considerations

  • -Relatively young school, opened in 2019, with a shorter track record than established Kochi schools
  • -Premium fee structure limits accessibility to higher-income families
  • -Private ownership of GEMS Education means no public financial reporting or independent governance transparency
  • -Competition from other IB and Cambridge schools in Kochi and broader Kerala
  • -Dependence on GEMS Education's strategic priorities and capital allocation decisions

Frequently Asked Questions About GEMS Modern Academy

Sources & Further Reading

  • GEMS Modern Academy Official Website
  • International Baccalaureate School Profile
  • GEMS Education Corporate Information
  • Smart City Kochi Development
  • Fitch Ratings: GEMS Education Credit Profile
  • Cambridge Assessment International Education
  • Kerala State Education Department

Competitors to GEMS Modern Academy

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Southbank International SchoolSouthbank International School
Cognita Schools
United Kingdom
1979
PremiumRegionalAll Genders
St. John's International SchoolSt. John's International School
Inspired Education Group
Belgium
1965
PremiumRegionalAll-ages
St. Louis SchoolSt. Louis School
Inspired Education Group
Italy
1969
PremiumRegionalAll-ages
St. Patrick's CollegeSt. Patrick's College
Inspired Education Group
Uruguay
1981
PremiumRegionalAll-ages
GEMS World AcademyGEMS World AcademySister Brand
Gems Education
United Arab Emirates
2008
LuxuryUnited arab-emiratesAll-ages
ACG EducationACG Education
Inspired Education Group
New Zealand
1975
Mass marketRegionalAll Genders

Learn More About Competitors

Southbank International SchoolEducation

Southbank International School

Owned by Cognita Schools

Premium IB World School in London for students aged 3-18, owned by Cognita Schools, with three campuses across the city.

international-schoolprivate-schoollondon
St. John's International SchoolEducation

St. John's International School

Owned by Inspired Education Group

Premium international school in Waterloo, Belgium offering the full International Baccalaureate curriculum for students aged 3 to 18. Owned by Inspired Education Group.

international-schoolprivate-schoolbelgium
St. Louis SchoolEducation

St. Louis School

Owned by Inspired Education Group

Premium international school in Milan, Italy offering British and Italian curricula for students aged 3 to 18. Owned by Inspired Education Group. Top-ranking IB school in Milan with an average score of 37 points.

international-schoolprivate-schoolitaly
St. Patrick's CollegeEducation

St. Patrick's College

Owned by Inspired Education Group

Premium independent school in Montevideo, Uruguay offering IB curriculum and local high school programs. Owned by Inspired Education Group since 2024.

private-schoolinternational-schooluruguay
GEMS World AcademyEducation

GEMS World Academy

Owned by GEMS Education

Flagship premium international school in Dubai offering International Baccalaureate curriculum for students aged 3-18 with extensive facilities and diverse student body.

international-schoolprivate-schooldubai
ACG EducationEducation

ACG Education

Owned by Inspired Education Group

New Zealand's largest premium private school group, offering co-educational programs for students aged 1 to 18 across multiple campuses. ACG Education has been owned by Inspired Education Group since 2018.

private-schoolnew-zealandpremium-education

Competitive Analysis

Market Positioning: GEMS Modern Academy competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to GEMS Modern Academy

Looking for brands with different ownership structures? These similar brands are not owned by GEMS Education, giving you alternative choices that support different corporate structures.

Glenwood HouseEducation

Glenwood House

Owned by ADvTECH Group

Premium independent school in South Africa offering co-educational education for students aged 3-18 with emphasis on academic excellence and holistic development.

private-schoolindependent-schoolsouth-africa
Publicly Traded

Glenwood House is owned by ADvTECH Group, a public company, a different structure than GEMS Modern Academy's parent.

Crawford InternationalEducation

Crawford International

Owned by ADvTECH Group

South African network of private schools offering international curricula, owned by ADvTECH Group.

private-schoolinternational-schoolcambridge-curriculum
Publicly Traded

Crawford International is owned by ADvTECH Group, a public company, a different structure than GEMS Modern Academy's parent.

Prentice HallEducation

Prentice Hall

Owned by Pearson plc

Leading educational publishing brand providing textbooks and learning materials for K-12 and higher education across multiple subjects.

textbookseducational-publishingk-12
Publicly Traded

Prentice Hall is owned by Pearson plc, a public company, a different structure than GEMS Modern Academy's parent.

American University of the Caribbean School of MedicineEducation

American University of the Caribbean School of Medicine

Owned by Covista (formerly Adtalem Global Education)

Caribbean-based offshore medical school offering the Doctor of Medicine degree, owned by Adtalem Global Education Inc. since 2011.

medical-educationhigher-educationinternational-school
Publicly Traded

American University of the Caribbean School of Medicine is owned by Covista (formerly Adtalem Global Education), a public company, a different structure than GEMS Modern Academy's parent.

Blue Valley SchoolEducation

Blue Valley School

Owned by Inspired Education Group

Premium international school in Costa Rica offering co-educational education for students aged 3-18, with emphasis on bilingual education and environmental sustainability.

international-schoolprivate-schoolcosta-rica
Privately Owned

Blue Valley School is owned by Inspired Education Group, offering a different ownership alternative.

British School of BahrainEducation

British School of Bahrain

Owned by Inspired Education Group

Premium international school in Bahrain offering co-educational education for students aged 3-18, with emphasis on British curriculum and academic excellence.

international-schoolprivate-schoolbahrain
Privately Owned

British School of Bahrain is owned by Inspired Education Group, offering a different ownership alternative.

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team