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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

April - 2011 - issue > Venture Beat

K12 Techno Service Raises Rs 25 Crore Funding

ST Team
Monday, April 4, 2011
ST Team
K12 Techno Services, a Hyderabad based, education service provider, raised Rs 25 crore from Sequoia Capital in its second round of funding. The funds will be utilized to bring 25 schools in Andhra Pradesh. Venkatnarayana, Managing Director, K 12 Techno Services says “With the Rs 25 crore, we expect to add 25-30 more schools across the Andhra Pradesh in 2011-12, primarily to have computer and language labs, Abacus Mathematics facilities and the like.”

K-12 Techno Services is a school management company which manages over 70 affordable English-medium schools run by 15 different trusts under the Gowtham Model School brand. It also runs an International school brand the ‘Orchids’.

The company’s services include curriculum development, infrastructure development, pre-school management, teacher training, and marketing solutions to educational trusts, they have also partnered with CfBT UK and Brilliant Tutorials for spoken English and IIT training.
Last year Sequoia Capital along with Song Investment, funded the first round of Rs 70 crore in K12. Following the first round, Sequoia’s KP Balaraj and Ravishankar GV and Song Advisors’ Vishal Vasishth joined the board of K12 Techno.
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