Temasek leads $250m round for China’s Sunny Education
Sunny Education, a China-based K-12 online education platform which operates under the 17zuoye brand, has raised $250 million in a Series E round led by existing investor Temasek Holdings.
New investor CITIC Private Equity also took part in the round while Shunwei Capital, another existing backer, re-upped. Founded in 2011, 17zuoye started out as a platform for kids to learn mathematics...
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