New Oriental returned for the educational product developer's series C round, which was led by SoftBank Vision Fund 2.
Telecommunications and internet group SoftBank’s Vision Fund 2 led a $180m series C round for China-headquartered online education product developer VIPThink yesterday, DealStreetAsia reported, citing a company announcement.
Education technology provider New Oriental also took part in the round, along with venture capital firms DCM and Sinovation Ventures, growth capital firm Enlight Growth Partners and the family office of Cai Doingqing.
Also known as Wandou Siwei, VIPThink provides software designed to help children aged three to eight years old improve…