Kedaara Invests in K12 Techno, Offering Partial Exit to Peak XV
- ByStartupStory | September 14, 2023
K12 Techno Services has secured an investment from Kedaara Capital in exchange for a significant minority stake in the company. The funds raised will support K12 Techno’s mission to deliver high-quality education and technology services to the K-12 segment. Additionally, this investment will facilitate a partial exit for Peak XV Partners (formerly known as Sequoia Capital India).
K12 Techno operates as a technology and education services company, offering comprehensive education, content, and technology services to over 900 educational institutions throughout India. Their brand, content, and technology have been utilized by more than 300,000 K-12 students in India. The company reported a remarkable CAGR of 40% over the past five years.
This investment reflects the ongoing interest in the Indian education technology sector, which has witnessed significant growth and innovation in recent years.
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