India, May 9 -- Venturi Partners, a consumer sector-focused fund which makes investments across India and Southeast Asia, has bought 5.12% stake in edtech startup K12 Techno Services for $27 Mn (INR 225.18 Cr).

Venturi Partners made the purchase from Navneet Learning LLP, a subsidiary of Navneet Education Ltd. In a stock exchange filing Navneet Education said that Navneet Learning LLP has invested a total of INR 118.59 Cr ($14.2 Mn) in the startup till date.

"This decision to partially divest our stake aligns with our long-term strategic vision and allows us to focus our resources on core business objectives while unlocking value for our stakeholders. By reallocating resources, we're preparing ourselves to be more agile and responsive i...