GIC leads $200m round for Chinese teaching materials supplier
GIC Private has led a $200 million investment - the third tranche of Series D round - for Aixuexi Education Group, a China-based developer of teaching materials for schools. Warburg Pincus also participated.
Previously known as Gaosi Education, the company has now raised $300 million in Series D funding. Warburg Pincus led an initial tranche of $140 million in April 2019 and a second tranche followed seven...
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