GANOR Education completes Pre-A funding

GANOR Education, a company specializing in 0-3 year-old childcare and education announced the completion of the Pre-A round of financing, led by Jiangxi Youth Venture Capital, with a post-investment valuation of more than 100 million yuan.

GANOR Education, a company specializing in 0-3 year-old childcare and education announced the completion of the Pre-A round of financing, led by Jiangxi Youth Venture Capital, with a post-investment valuation of more than 100 million yuan.

The proceeds will be used for the development of direct management and franchise systems, the upgrade and improvement of information systems, and brand building and promotion etc.

Established in 2018, GANOR Education’s main business sectors are direct management, franchise business, technology companies, and daycare centers. For direct management business, there are TO C services for parents and children in communities, as well as TO B services that provide personalized services for corporate employees.

As of now, there are five direct-operated centers in Shanghai, Shenzhen, and Nanchang, with four to five in preparation, and the number is expected to reach 10 this year. In terms of franchisee business, it mainly exports brands, services, courses, operational plan. At present, there are more than 50 franchise centers in more than 10 provinces and cities nationwide, and 25 are in preparation.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/05/ganor-education-completes-pre-a-funding/.

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