[Funding News] Venturi Partners Invests $27 Million in K12 Techno

Growth equity company Venturi Partners has acquired a $ 27 million stake in K12 Techno Services from Navneet Learning LLP, a division of Navneet Education Limited.

"Navneet Learning LLP (a subsidiary of Navneet Education Limited) has agreed to divest a 5.12% stake in K12 Techno to Venturi Partners for INR 225.18 crores," Navneet Education stated in a stock exchange filing on Wednesday, as reported by Entrepreneur.com.

Read also - ISB Launches I-Venture Immersive ivi Programme for Grassroot Entrepreneurs

The organization serves numerous educational institutions in the cities of Hyderabad, Chennai, Mumbai, Bangalore, Gurgaon, Kolkata, and Pune by offering end-to-end services.

More than 300K students are enrolled in more than 800 private educational institutions around India under various brands, according to the platform, which offers full-stack education-related services to these schools.

K12 Techno Services Pvt. Ltd. started its operations in the year 2012 with its head office in Bangalore, Karnataka.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Advertisment

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.