Kenro Capital Makes Debut Investment of $40Mn in K12
Kenro Capital, an investment firm formed recently by Piyush Gupta, the former head of strategic development at Peak XV, has invested $40 million (Rs 240 crore) in education player K12 Techno Services Pvt Ltd in a mix of primary and secondary deal. Read More
VC Circle
12th Dec 2024
Kenro makes maiden bet of $40 million in K12 Techno Services
The deal has been reportedly finalised at an estimated valuation of Rs 5,000 crore. Last year, private equity firm Kedaara Capital acquired a significant stake in K12 Techno at a valuation of close to Rs 4,000 crore. Read More
The Arc Web
12th Dec 2024
K12 Techno Services Secures USD 40 Mn in Funding from Kenro Capital
The Bengaluru-based firm aims to expand aggressively, with plans to open 8–12 Orchids schools annually and onboard 100–150 schools under the Eduvate umbrella each year. Read More
Entrepreneur India
12th Dec 2024
Kenro Capital buys stake in K12 Techno for $40 million
Kenro Capital\\\'s $40 million investment in K12 Techno Services will fuel Orchids International Schools\\\' expansion, leveraging high operating leverage to drive growth. K12 aims to add 100-150 Eduvate schools and boost revenue beyond Rs 500 crore. Read More
The Economic Times
11th Dec 2024
Your Story : K12 Techno Services bags $40M from Kenro Capital
Kenro Capital’s investment comprises acquiring a partial stake from a major existing shareholder, purchasing ESOPs, and making a small primary capital infusion to fuel K12 Techno’s growth. Read More
Your Story
11th Dec 2024
Kenro Capital acquires stake in Peak XV-backed K12 Techno for $40 Mn
Venture Capital firm Kenro Capital has made its first investment of $40 million (Rs 340 crore) in K12 Techno Services, owner of Orchids International Schools. This is the third secondary transaction for K12 Techno since September last year. Read More
Entrackr
11th Dec 2024
K12 Techno Services bags $40M from Kenro Capital at Rs 5000 crore valuation
Bengaluru-based K12 Techno Services has secured $40 million (340 crore) from venture capital firm Kenro Capital, according to a statement from the education and technology services provider on Wednesday. Read More
Mint
11th Dec 2024
K-12 Techno Pockets $40 Mn From Kenro Capital
Edtech platform K-12 Techno Services Private Limited (K-12 Techno) has raised $40 Mn (INR 339 Cr) in a funding from Kenro Capital, a secondaries-focussed venture capital (VC) firm floated by Peak XV Partners’ former executive Piyush Gupta. Read More
Inc 42
01st Dec 2024
