Sequoia mulls investing $50 Mn in phygital ed-tech startup K12 Techno
Image Credit: economic times
Even as cash crunch continues to engulf the Indian edtech sector, venture capital firm Sequoia India is reportedly mulling investing $50 Mn in its portfolio startup K12 Techno Services. The phygital edtech startup had also engaged with TPG and Accel in recent weeks, Techcrunch said. It is pertinent to note that Sequoia is already an investor in K12 Techno Services, alongside Belgian investment fund Sofina and Navneet Learning.