Venturi Partners Invests $27 Million in K12 Techno Services
Venturi Partners has acquired a significant stake worth $27 million in K12 Techno Services. This acquisition, from Navneet Learning LLP, a subsidiary of Navneet Education Limited, marks an important move in India’s private education sector. K12 Techno Services, a key player in the industry, caters to over 800 private institutions and serves more than 300,000 students through various brands. The company has demonstrated impressive growth, boasting a compound annual growth rate (CAGR) of approximately 40% over the last five years.
Venturi Partners utilized funds from its inaugural $180 million fund for this investment and will collaborate with existing shareholders like Peak XV Partners, Kedaara Capital, Sofina Ventures, and Navneet Learning LLP to support Jai Decosta, CEO of K12 Techno Services, in his leadership role.
K12 Techno Services will now become part of Venturi Partners’ portfolio, which focuses on consumer-oriented investments in India and Southeast Asia. Other companies in this portfolio include Livspace, Country Delight, Believe, Pickup Coffee, and DALI.