The online coding course company banked $21m in a round led by New Oriental Group that included Oceanwide Holdings and Baicizhan.

China-based children’s online tutoring provider Xigua Chuangke has received RMB150m ($21m) in a series B round led by private-sector education provider New Oriental Group’s New Oriental Education and Cultural Industrial Fund. New Oriental was joined by conglomerate Oceanwide Holdings, vocabulary app developer Baicizhan, growth equity firm SAIF Partners and venture capital firms Sequoia Capital China…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.