Sequoia Capital invests in education-management firm in India
Sequoia Capital India, in tandem with Song Investment Advisors, has injected $15 million into Hyderabad-based K-12 Techno Services Pvt Ltd, an education-management firm owned by Gowtham Educational Institutions, one of the largest private educational groups in India.
According to local reports, Sequoia is leading the investment, which will be used to fund Gowtham's growth, in particular its network of model schools. Gowtham claims to manage 52 schools with a combined...
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