SHANGHAI – November 18, 2015 – TutorGroup, a leading online education platform, today announced a Series C equity financing of approximately $200 million. The investment values TutorGroup at over $1 billion, and attracted marquee new investors, including GIC, Singapore’s sovereign fund; the Russia-China Investment Fund (RCIF); Goldman Sachs; and Silverlink Capital LP. This round of investment sets a new record in the global education technology industry. “Despite an extremely challenging fundraising environment, we generated significant interest and excitement from some of the world’s top investors, which validates the clear leadership we have established in the online education market and underscores...