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Venturi Partners Invests $27 mn to Buy a Stake in K12 Techno Services

Venturi calls itself a growth equity firm active in India and Southeast Asia, and the stake has been bought from Navneet Learning LLP, a subsidiary of Navneet Education.

Venturi Partners invested $27 mn to buy a stake in K12 Techno Services
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On Thursday, Venturi Partners, a growth equity firm, said it has invested USD 27 million in education sector-focused K12 Techno Services for an undisclosed stake.

Venturi calls itself a growth equity firm active in India and Southeast Asia, and the stake has been bought from Navneet Learning LLP, a subsidiary of Navneet Education.

K12 serves students in over 800 private educational institutions and has witnessed a compounded annual growth of 40 per cent in revenues over the last five years, as per a statement.

"Venturi Partners' investment in K12 Techno reflects the underlying demand-supply mismatch for high-quality education in India, its strong management team," the statement said.

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The investment has been done from its maiden USD 180 million fund, adding that other company shareholders include Peak XV Partners, Kedaara Capital, Sofina Ventures, and Navneet Learning LLP.

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