Baring Private Equity led a $198m Series D round in Codemao.

Venture capital firm Baring Private Equity led a $198m Series D round in Codemao, a coding education startup. Additional investors in the round include Bank of China, CITIC Securities, Goldstone Investment, Wens Investment, Sino-Ocean Capital, Greater Bay Area Homeland Investments, Youshan Capital, and Hillhouse Capital. Shenzhen Dianmao Technology, the company behind Codemao, said it will continue to focus on improving technology, content development and building talent teams.