K12 Techno Services bags $40M from Kenro Capital

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The story "K12 Techno Services bags $40M from Kenro Capital" was covered 22 hours ago by YourStory, a news publisher based in India.

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K12 Techno Services bags $40M from Kenro Capital - YourStory

Quick Summary:

Kenro Capital’s investment comprises acquiring a partial stake from a major existing shareholder, purchasing ESOPs, and making a small primary capital infusion to fuel K12 Techno’s growth.

Offering a wide range of services—including content, marketing, software, curriculum, and security—the edtech startup has built a strong presence across schools in India.

In FY24, K12 Techno achieved growth, with revenue from operations increasing to Rs 429.2 crore, up from Rs 358.3 crore in the previous year.