Education
India's S Chand files for IPO, Everstone to part exit
Everstone Capital is set to make a partial exit from Indian educational publisher S Chand as the company filed for domestic IPO.
Bain Capital to acquire Camp Australia
Bain Capital Private Equity has agreed to buy Camp Australia, a nationwide provider of outside school hours care, for an undisclosed sum.
Japan's Global Brain targets $174m for sixth fund
Japanese venture capital firm Global Brain has launched its sixth fund, targeting JPY20 billion ($174 million), which will be deployed in domestic technology companies.
Australia's GO1 raises $3m for global push
Australia-based education technology start-up GO1 has received a A$4 million ($3 million) round of funding from a group of domestic and US VCs for its expansion efforts in Asia, North America and Europe.
Gaw Capital leads Australian student accommodation acquisition
Hong Kong private equity firm Gaw Capital Partners has led the purchase of an office building in Australia for conversion into student accommodation.
Australia's Impact Investment raises $10m VC fund
Australia’s Impact Investment Group has raised A$13 million ($10 million) for a domestically focused venture capital fund. The initial target was A$10 million.
India's Centrum launches $75m PE fund
India-listed financial services company Centrum has launched a INR5 billion ($75.3 million) private equity fund to focus on domestic consumer-focused industries.
China online learning site Smartstudy raises $29m
Smartstudy.com, a Chinese online learning site, has raised a RMB200 million ($29 million) Series B round of funding led by Hong Kong-based private equity firm Golden Brick Capital.
New Horizon leads $37m Series B in China AR toy maker
Neobear, a China-based company that develops interactive learning tools for children, has raised a RMB250 million ($37 million) Series B round of funding led by Chinese GP New Horizon Capital.
India's Techcelx launches $15m tech fund
Indian technology investment firm and accelerator Techcelx has launched a INR1 billion ($15 million) venture fund targeting domestic companies in banking, education and healthcare.
China K12 education platform Xuele raises $200m Series C
Xueleyun, a Chinese education platform, has raised a $200 million Series C round led by China-based PE firm New Horizon Capital. Existing investors GSR Ventures and Huaxin Shiji Investment also participated in the round.
PE roll-ups: Consolidation game
Quadrant Private Equity's foray into the fitness club space represents the latest in a string of roll-up investments pursued by middle market Australian GPs. This strategy is a proven winner but execution risk should not be underestimated
Huasheng leads round for China education site Zmlearn
Huasheng Capital, a private equity firm established by financial advisor China Renaissance, has led a Series C round of funding for Zmlearn.com, a Chinese K-12 online learning and teaching platform.
China K-12 education app Zuoyebang raises $60m Series B
Zuoyebang, a K-12 focused education mobile app that spun out from Chinese online search engine Baidu, has raised a $60 million Series B round co-led by GGV Capital and Xiang He Capital, a new VC firm set up by a former executive at Baidu.
Sequoia, Zuckerberg lead $50m round for India's Byju's
Indian education start-up Byju’s has received a $50 million funding round led by Sequoia Capital and the Chan Zuckerberg Initiative (CZI), a vehicle established by Facebook CEO Mark Zuckerberg and his wife Priscilla Chan.
India's InnoVen invests $6m in Capillary, Simplilearn
Indian venture debt firm InnoVen Capital has committed a total of $6 million in structured debt financing to cloud-based software provider Capillary Technologies and educational technology start-up Simplilearn.
China’s VIPKID receives investment from Bryant Stibel
VIPKID, an English-language learning platform that connects North American teachers with students in China, has received an undisclosed investment from Bryant Stibel, a new VC firm launched by retired NBA star Kobe Bryant and his partner Jeff Stibel.
China’s Yunfeng leads $100m round for English tuition site
Yunfeng Capital has led a $100 million Series C round of funding for VIPKID, an English-language learning platform that connects North American teachers with students in China. Existing investor Sequoia Capital also took part.
US-based Wonder Workshop raises $20m for China push
Wonder Workshop, the children's robotics manufacturer that recently agreed a distribution partnership with Chinese online retailer JD.com, has raised a $20 million Series B round to support further expansion in China.
IFC to invest $15m in India-based Byju’s
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $15 million investment in Indian education start-up Byju’s.
Advent makes two investments in Australia
Australia’s Advent Private Capital has made investments in two separate domestic social services companies on the back of two exits.
Everbright mezzanine fund backs western China education player
China Everbright has invested an undisclosed sum in Sichuan Hope Education Group, which claims to be the largest private education provider in western China, through its renminbi-denominated mezzanine fund.
Sequoia, Unitus back $4m Series A for India’s Cuemath
Sequoia Capital and Unitus Seed Fund have invested $4 million in a Series A round of funding for Indian education network operator Cuemath.
China Online Education slips on trading debut, VCs re-up
VC-backed China Online Education Group closed marginally below its offering price on the first day of trading on the New York Stock Exchange, following an IPO worth $45.6 million. Existing backers Sequoia Capital and DCM concurrently committed an additional...