Khaitan & Co Advised Venturi Partners On Acquisition Of Stake In K12 Techno Services
Khaitan & Co Advised Venturi Partners On Acquisition Of Stake In K12 Techno Services
Khaitan & Co advised Venturi Partners on the acquisition of a 5.12% stake in K12 Techno Services Pvt. Ltd. through a secondary share purchase from Navneet Learning.
The Singapore-based firm acquired the stake in a partial exit from Navneet Learning, a subsidiary of education-linked content provider Navneet Education Limited.
Venturi Partners' investment in K12 Techno Services is part of a partial exit from Navneet Learning, a subsidiary of Navneet Education Limited, an education-linked content provider. K12 Techno Services offers education-related services to over 800 private educational institutions, with more than 300,000 students enrolled across India.
Venturi Partners joins existing shareholders, including Peak XV Partners (formerly Sequoia Capital India), Kedaara Capital, Sofina Ventures, and Navneet Learning, in investing in K12 Techno Services. With investments in companies like Livspace, Country Delight, Pristyn Care, Curefit, Sula Vineyards, and Future Retail, Venturi Partners focuses on investments in India and Southeast Asia.
The deal team at Khaitan & Co, led by Partner Karun Cariappa, Partner Monika Srivastava, and Partner Sanchit Agarwal, along with Principal Associate Ranjini Gogoi and Associate Shreshth Singh Tomar, Provided Legal Support for the Transaction.
