Kedaara Capital, an operationally oriented private equity firm pursuing control and minority investment opportunities in India, completed the acquisition of a minority stake in K12 Techno, a education service provider, from Sequoia Capital, an American venture capital firm. Financial terms were not disclosed. “We are delighted to welcome Kedaara as a valued partner for the next phase of our growth, as it symbolizes a convergence of values and aspirations, and will help us continue to deliver on our mission to make an impact in the K-12 space in India. Our philosophy is to help nurture not just scholars, but also compassionate and capable individuals ready to shape a better world. We believe the congruence of technology with learning models built for India will help scale both holistic learning as well as improve outcomes,” Jai Decosta, K12 Techno CEO.
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