Venturi Partners Invests $27 Million in K12 Techno Services

Venturi Partners, a consumer-focused private equity firm, has invested $27 million to acquire a stake in K12 Techno Services, an education technology company previously owned by Navneet Learning LLP, a subsidiary of Navneet Education Ltd.

The investment, sourced from Venturi's $180 million fund, is designed to help K12 Techno leverage technology to deliver in-class academic curriculum, advanced teaching methodologies, and experiential learning. This strategic stake is expected to further enhance K12 Techno's mission of providing comprehensive educational services to private schools across India.

Venturi Partners joins a roster of existing investors that includes Peak XV Partners, Kedaara Capital, Sofina Ventures, and Navneet Learning LLP. K12 Techno's CEO, Jai Decosta, will continue to lead the company with support from these partners.

K12 Techno Services currently serves approximately 300,000 students across 800 private educational institutions, offering a full spectrum of education-related services. The company has achieved a revenue compound annual growth rate (CAGR) of about 40% over the past five years, indicating strong market growth and acceptance.

"This partnership will bring us closer to our goal of creating a brighter future through holistic learning experiences," said Jai Decosta. "Our aim extends beyond academic achievement to fostering empathetic and skilled individuals who can make a positive impact. With this investment, we will expand our reach and continue to develop tailored learning approaches for the Indian context."

The deal is one of the largest exit cum secondary transactions in the edtech sector, reflecting growing investor interest in education technology and the potential for innovative learning solutions.

Venturi Partners' portfolio includes investments in companies such as Livspace, Country Delight, Believe, Pickup Coffee, and DALI. The firm's investment focus spans education, healthcare, and fast-moving consumer goods, with support from notable backers like Frederic De Mevius, Peugeot Invest, Ackermans & Van Haaren, and Quaestor. This new investment in K12 Techno Services marks Venturi's continued commitment to the growth and development of education technology.

HBL