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| Topica Native helps students use google glass to speak English (Photo: native.edu.vn) |
This is the largest investment in an online education company in Southeast Asia.
Current investors in Topica Edtech Group include Openspace Ventures, Patamar
Capital, CyberAgent Ventures, EduLab Group and IDG Ventures.
The Topica Edtech Group offers online English classes, with more than 2,000
short courses using English language video tutorials and a platform that allows
12 universities in Southeast Asia to offer training programmes and issue online
certifications.
Topica, which was established in 2008, is also operating a number of development
programmes for businesses.
Northstar Group is managing more than 2 billion USD in committed equity capital
dedicated to companies in Indonesia and, to a lesser extent, other countries in
Southeast Asia. It has a track record of growing the businesses of its companies
over its investment horizon.
Since its founding in 2003, Northstar Group has raised four private equity funds
and invested in more than 30 companies across the banking, insurance, consumer
retail, manufacturing, oil and gas, coal and mining services, technology,
telecom and agribusiness sectors.-VNA
Source: VNA
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