Language tutoring service Langrich is set to be acquired by EnglishCentral, providing an exit to KLab.

Conversational English learning service EnglishCentral has agreed to acquire Japan-based English language tutoring platform Langrich, providing an exit to KLab Ventures, an investment vehicle of gaming company KLab and holding firm SBI.

KLab and fellow investor Hitomedia, an education-focused incubator, will receive shares in EnglishCentral, though financial details have not been disclosed.

Founded in 2010, Langrich uses voice-over-IP platform Skype to teach users English.

Langrich raised ¥50m ($410,000) from KLab Ventures in 2012, alongside unnamed investors. The company has not…