Edtech co K12 Techno attracts funding from Kedaara; Peak XV makes partial exit
Bengaluru-based edtech startup K12 Techno Services has raised funding from Kedaara Capital. With this investment, Peak XV Partners (previously Sequoia Capital India) will be partially exiting the company. Launched in 2010, K12 Techno offers audio-visual content that covers the K-12 curriculum. It operates across Hyderabad, Chennai, Mumbai, Bengaluru, Gurugram, Kolkata and Pune. K12 Techno claims to serve over 900 educational institutions with over 3,00,000 students.
From the Venture Intelligence PE-VC Deal Database: Between May 2010 and Nov 2022, K12 Techno had raised over USD 120 M from Peak XV Partners, Sofina, Navneet Tech Ventures and Song Advisors. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
Want to receive such news items in your inbox? Click Here to sign up for a trial.