Tag: K12 Techno Services
Kedaara picks stake in Orchids schools owner
New Delhi: Homegrown private equity player Kedaara Capital has struck another large bet, days after making one of its largest transactions in recent times. The PE firm has signed a fat cheque for a significant minority stake in K12 Techno Services Pvt. Ltd, which runs the chain of Orchids International Schools, according to a press statement. The transaction will also provide a partial exit to Peak XV (erstwhile Sequoia Capital India), one of K12’s existing institutional investors. While the financial details of the transaction were not disclosed by the parties, two people aware of the development told VCCircle that Kedaara ... Read more