Industry | 2015.11.19
TutorGroup Raises Landmark Series C Financing, Valuing the Company at Over $1 Billion
SHANGHAI--(BUSINESS WIRE)--TutorGroup, a leading online education platform, today announced a Series C equity financing of approximately $200 million. The investment values TutorGroup at over $1 billion, and attracted marquee new investors, including GIC, Singapore’s sovereign fund; the Russia-China Investment Fund (RCIF); Goldman Sachs; and Silverlink Capital LP. This round of investment sets a new record in the global education technology industry. “Despite an extremely challenging fundraisin
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