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Announced

Completed

Foundation Holdings led a $46m Series D round in Toppr Technologies.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Single Bidder

Minority

Private Equity

Private

Cross Border

Acquisition

Friendly

Education Services

Completed

edtech

India

education software

education services

Synopsis

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Foundation Holdings, a private equity firm, led a $46m Series D funding round in Toppr Technologies, an edtech startup. Education-focused private equity firm Kaizen also participated in this round. “With this investment, we now have the capability and reach to truly revolutionise the K-12 education experience and ensure that no learner is left behind,” Zishaan Hayath, Foundation Co-Founder and CEO.

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