19 Jun, 2013
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Thursday, January 24, 2013 - 10:23 IST
PE firm Kaizen ties up with Bertelsmann to invest $4.1M in WizIQ
BY Madhav A Chanchani
This is the fifth investment by Kaizen and the first direct investment by Bertelsmann in India after the opening of a corporate centre last year.
Education-focused private equity firm Kaizen is partnering with German media major Bertelsmann to invest Rs 22 crore or $4.1 million in online education firm AuthorGen Technologies Pvt Ltd, a subsidiary of the listed education major Educomp Solutions Ltd.
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