Education
Navis acquires Australian early education business
Navis Capital Partners has acquired a majority stake in Modern Star, an Australian B2B distributor of education resources to early childhood centres and schools, for an undisclosed amount.
China’s JD Capital offers student credit loans
China JD Capital, also known as Jiuding Capital, has set up a new fund to provide individual loans for Chinese university students.
Japan learning platform Mana.bo raises $3m Series A round
Nissay Capital and Mitsubishi UFJ Capital have joined Japanese education firm Benesse in investing JPY330 million ($3 million) in online learning platform Mana.bo.
Baidu backs China online learning site SmartStudy
Chinese internet giant Baidu has invested $10.6 million in a Series A round of funding for Smart SmartStudy.com, an online education platform.
Shunwei, Angelvest back English evaluation firm Vericant
Shunwei Capital Partners and Anglevest have led a Series A round of funding for Vericant, a Chinese company that provides a third-party English evaluation services to North American universities.
Profile: Kaizen Private Equity's Sandeep Aneja
As founder and managing director of Asia’s only education-focused GP, Sandeep Aneja has found that a career in private equity can be a much about finding questions as funding answers
India's Kaizen opens US office ahead of Fund II launch
Indian education-focused GP Kaizen Private Equity has opened an office in Silicon Valley ahead of launching its first pan-Asian fund, which has a target of $120 million.
Baring Asia, Altas buy $750m stake in Grenada university
Baring Private Equity Asia, alongside Canadian private equity firm Altas Partners, has acquired a substantial stake in St George's University, a Grenada-based medical school.
Japan VCs invest $3m in Tokyo tech boot camp
Life is Tech, a Tokyo-based IT boot camp program for elementary and junior high school students, has raised JPY310 million (about $3 million) from Japanese investors Jafco, Mistletoe, KCJ Group, DeNA and Recruit Holdings.
Baidu turns to Wanxue for education content
When Chinese search engine Baidu originally reached out to Wanxue Education Technology, it didn't envisage becoming a financial investor in the company. Rather, Baidu was looking for quality content to improve its existing education platform Jiaoyu Baidu...
Hao, DCM, Baidu provide Series C for Beijing Wanxue Education
Hao Capital, DCM and Baidu have invested in a Series C round of funding for Beijing Wanxue Education, a Chinese online education service provider.
India's ASK Pravi PE carves out Educomp test prep unit
ASK Pravi Capital Adivsors will acquire a 55.41% stake in engineering test preparation business Gateforum Education Services from Education company Educomp Solutions.
Semir to acquire 70% of VC-backed HK education group
DT Capital, The CID Group and iD TechVentures are set to exit Fastrackids as the children's education group is acquired by Zhejiang Semir Garment.
Sequoia's China Maple Leaf Education files for HK IPO
China Maple Leaf Education Systems, a Chinese international school operator backed by Sequoia Capital, has filed for an IPO on the Hong Kong Stock Exchange.
VC-backed RareJob goes public in Japan
RareJob, a Japanese English-language learning website that has received capital from a string of VC investors, ended the morning session of its trading debut at a more than 110% premium to its IPO price.
GIC, Insight buy US software firm, Warburg Pincus exits
Singapore sovereign wealth fund GIC Private has joined Insight Venture Partners in its $752 million purchase of iParadigms, a US maker of anti-plagiarism software, from Warburg Pincus.
China education investment: Competitive edge
Five months into 2014 and PE activity in China’s education sector is at its highest level in six years. Wary of the issues tied to creating a large footprint, investors are picking their segments and geographies carefully
Abraaj invests in Thai education provider
The Abraaj Group has acquired an undisclosed stake in KPN Academy, an out-of-school education service provider in Thailand.
ADIA picks up stake in India's MT Educare
Abu Dhabi Investment Authority (ADIA) has paid INR38.8 million ($662,000) for a 1% stake in education services provider MT Educare.
CIMB PE backs Malaysian education provider
CIMB Private Equity has acquired a 33% stake in REAL Education Group, a Malaysia-based private schools operator, for MYR33 million ($10.2 million).
Matrix makes partial exit form India's Tree House
Matrix India has exited a portion of its holding in school management firm Tree House Education and Accessories, selling 4.84% stake in the company to local conglomerate Bajaj Holdings & Investment for INR504 million ($8.4 million).
ZhenFund invests $1.6m in China robot education school
China-focused early-stage investor ZhenFund has committed RMB10 million ($1.6 million) in seed funding to Roborobo, a China-based robot teaching school.
Baring Asia sued by education provider
Baring Private Equity Asia is being sued by education provider Global Indian Schools Holdings - into which it agreed to invest $100 million - for allegedly conspiring to prevent the company from making acquisitions in a bid seize control.
Partial exits for IDG, Jafco as China’s Tarena completes $137m IPO
IDG Capital Partners and Jafco have made partial exits from Tarena International after the Chinese IT training services provider raised $137.7 million through a NASDAQ IPO.