- Venturi Partners acquires $27M stake in edtech firm K12 Techno Services.
- Deal marks maiden investment from Venturi’s $180M consumer fund.
- Joins investors like Peak XV in fast-growing Indian edtech company.
Edtech investment extravaganza
Venturi Partners has acquired a 5.12% stake in K12 Techno Services for a staggering $27 million from Navneet Learning, further bolstering the edtech firm’s impressive investor lineup.
K12 Techno Services, operating in India’s private education domain, provides integrated curriculum and multimedia teaching aids to over 800 schools, reaching 300,000+ students.
With a 40% CAGR over five years, the company offers assessment and administrative solutions for educators and management teams.
Cashflow connoisseurs converge
The deal marks Venturi’s maiden investment from its $180 million consumer-focused fund. Joining existing investors like Peak XV Partners and Kedaara Capital, Venturi aims to aid K12 Techno Services’ growth trajectory alongside an experienced investor consortium.
The acquisition aligns with Venturi’s strategy of investing in growth-stage startups from Series B to D.
K12 Techno Services is joining its India and Southeast Asia portfolio, including Livspace and Country Delight, and the firm consolidates its position in the region’s burgeoning edtech sector.
To read the original article: https://www.techinasia.com/venturi-partners-infuses-27m-in-peak-xv-backed-indian-edtech
