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IDG Capital and Trustbridge Partners led a $390m funding round in Fenbi Education.

Synopsis

IDG Capital and Trustbridge Partners led a $390m funding round in Fenbi Education, an online vocational education company, with participation from CPE, DCP, Kunyu Runyuan Zichan, Huasheng Capital, Hony Capital and China Venture Capital HRV. The six-year-old company's businesses include civil service examination, public institution recruitment examination, teacher recruitment examination, postgraduate entrance examination, accounting, law examination, construction, open class, CET-4 and CET-6 and many other online education products.

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