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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.

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