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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek participates in Chinese edu site’s $100m Series D round

Posted on 25 February 2015

Chinese K-12 online learning and teaching platform – 17zuoye.com has raised $100 million in a Series D round of funding that was led by H Capital, the company told local media.
The other investors in the round include Singapore state-fund Temasek Holdings, DST Advisors and Shunwei Capital Partners. The latest financing deal values the startup at $600 million. 17zuoye, which means “let’s do homework together” in Chinese, was launched in 2011 and provides an interactive platform for students to learn their subjects………………………………………..Full Article: Source


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