Venturi Partners invests $27 million in Peak XV-backed K12 Techno
Venturi Partners has bought a 5.12% stake worth $27 million in Peak XV Partners-backed edtech startup K12 Techno Services in a secondary share sale.
The Singapore-based firm acquired the stake in a partial exit from Navneet Learning, a subsidiary of education-linked content provider Navneet Education Limited.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering CollegeCourseWebsiteIIT DelhiCertificate Programme in Data Science & Machine LearningVisitMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisitK12 Techno provides education-related services to over 800 private educational institutions, with more than 3,00,000 students enrolled in educational institutions across India, under multiple brands. It has clocked an annual growth of about 40% over the last five years.
The company also runs Orchids, a chain of international schools.
Investing out of its $180 million maiden fund, Venturi Partners will join existing shareholders, namely, Peak XV Partners (formerly Sequoia Capital India), Kedaara Capital, Sofina Ventures, and Navneet Learning.
Venturi Partners, which invests across India and Southeast Asia, also has companies such as Livspace, Country Delight, Pristyn Care, Curefit, Sula Vineyards and Future Retail in its portfolio in the country.
“This collaboration will propel us closer to our mission of shaping a brighter future through holistic learning experiences. Our commitment extends beyond academic excellence, aiming to cultivate empathetic and
