Chinese Edtech Platform Jiliguala Nets $100m Series C from Tencent, Others
By DealStreetAsia / Jan 19, 2021 01:51 PM / Finance
Shanghai-headquartered online English learning platform
Jiliguala on Monday announced the completion of its nearly $100-million Series C round from investors including Chinese tech giant Tencent.
China-focused
Lighthouse Capital facilitated the latest transaction.
The returning investor had initially teamed up with
Bertelsmann Asia Investments (BAI) to invest nearly $10 million in Jiliguala ’s Series A round in 2017. Subsequently, in 2018, Trustbridge, BAI along with
Sequoia Capital China and
With the fresh proceeds, Jiliguala will seek to launch more products.
Jiliguala, set up in 2014, offers English reading courses for children aged 3-12. It claims to have helped over 50,000 users across 500 cities to learn English through songs, animation, picture books, interactive video classes, others.