Venturi Partners buys stake worth $27M in K12 Techno from Navneet Education

Consumer sector-focused venture capital firm Venturi Partners has acquired a 5.12% stake worth $27 million in Bengaluru-based edtech startup K12 Techno Services through a secondary share sale. 

The Singapore-based firm purchased the stake from Navneet Learning, a subsidiary of Navneet Education Limited. 

"This collaboration will propel us closer to our mission of shaping a brighter future through holistic learning experiences. Our commitment extends beyond academic excellence, aiming to cultivate empathetic and skilled individuals prepared to make a positive impact," said Jai Decosta, CEO of K12 Techno Services.

What does K12 Techno Services do?

Founded in 2010, K12 Techno provides educational services to over 800 private educational institutions across India, serving more than 300,000 students under multiple brands. 

The startup, which also runs the Orchids chain of international schools, claims to have recorded an annual growth of about 40% over the last five years.

By leveraging technology alongside bespoke learning methodologies crafted for the Indian landscape, K12 Techno aims to scale its impact and elevate educational outcomes. 

Venturi Partners' new investment  

Venturi Partners will join existing investors, including Peak XV Partners (formerly Sequoia Capital India), Kedaara Capital, Sofina Ventures, and Navneet Learning.

Investing from its $180 million maiden fund, Venturi Partners specializes in consumer investments across India and Southeast Asia, with a portfolio that includes Livspace, Country Delight, Pristyn Care, Curefit, Sula Vineyards, and Future Retail.

Nicholas Cator, Founding Partner at Venturi, highlighted the alignment between Venturi's values and K12 Techno's mission.

"Venturi’s values are well aligned with K12 Techno’s mission to leverage technology to provide world-class holistic learning and improved outcomes at scale," he said.