Topica Edtech Group, an education technology company in Southeast Asia with over 1,700 employees, announced that it has raised a US$50 million series D round led by private equity firm Northstar Group.
Topica’s existing investors include Openspace Ventures, Patamar Capital, CyberAgent Ventures, EduLab Group, and IDG Ventures.
The firm provides online English-speaking classes, a marketplace of over 2,000 short skill courses with video teaching materials, and a platform that enables 12 universities in the region to offer online degree programs.
Started in 2008 and headquartered in Hanoi, Vietnam, Topica also runs several programs that groom entrepreneurs.
Editing by Eileen C. Ang
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