Consumer Discretionary Dec 24, 2020 10:10 AM (GMT+8) · EqualOcean
On December 24, art treasure education, a leading enterprise of online quality education in China, announced the completion of round D financing of 210 million US dollars. This financing is led by the rise fund, which focuses on social impact investment under TPG, a well-known global investment institution, with Dachen Caizhi, Yingrui capital, Saifu fund, Bojia capital and Chuang Zhi capital. Taihe capital acted as the exclusive financial consultant of this round of financing. This round of financing is the largest single financing in the field of quality education in China. Gan Ling, founder and CEO of art treasure education, said: "this round of funds will be mainly used for the research and development of multi category quality courses, the expansion of new channels and new markets, the upgrading of product and service experience, brand building, and the exploration of industrial Internet integrating online and offline."