Mekong Capital has made the sixth investment from its Mekong Enterprise Fund III, funneling $4.9 million for a minority stake in education firm YOLA Joint Stock Company.
The investment will help YOLA enhance its products and services, build its team of professional managers and teachers, and finance the launch of new campuses.
With the investment from Mekong Capital, the company has already opened four new training centres in Ho Chi Minh City, which bring the total number of YOLA campuses to 10 nationwide.
Starting out in 2009 as an online English education startup, YOLA has evolved to an integrated educational services provider with a wide range test preparation courses (SAT, TOEFL, IELTS, GMAT, GRE), English language, soft-skill…
