GIC led a $200m Series D2 in Aixuexi.

Synopsis

Private equity firm GIC, led a $200m Series D2 in Aixuexi Education Group, a edtech startup. The round also saw investment from Warburg Pincus. With the new funds, the company will invest in technology and education services to improve its products. It will also empower offline education institutions across underdeveloped areas to go online.

Principals

target

Aixuexi Education Group

bidder

Gic Private

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Market Context

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Seller Team (1)

li chuan

Founder and CEO at AIXUEXI EDUCATION GROUP

Manager

target

Deal

£ 152 M

Total Value

Bidder Team (2)

lim chow kiat

CEO at GIC PRIVATE LIMITED

Investor

bidder

181

Deals

£ 236.94 B

Total Value

gordon ding

Managing Partner at WARBURG PINCUS LLC

Investor

bidder

Deal

£ 152 M

Total Value

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