PE firm Northstar invests $50m in Vietnam’s Topica Edtech

PE firm Northstar invests $50m in Vietnam’s Topica Edtech

Singapore-headquartered private equity firm Northstar Group has invested $50 million in Vietnam-based Topica Edtech’s Series D round, marking the biggest financing for an online education company in Southeast Asia.

Topica said Northstar had a minority stake upon completion of the investment and has joined its board of directors.

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