Chinese K-12 education sector is attracting lots of startups as online education is in full swing here. There are around 200 million elementary and high school students in China, moreover, Chinese parents are known for their willingness to invest heavily in education of children, mostly of whom are single child of the family.

17zuoye (the name translates to Homework together) is an online study platform targeted at Chinese K-12 space. As the name suggests, it creates an online collaborative space for teachers, parents and students to do homework together. The company secured US$20 million Series C round financing from Tiger Management, H Capital and Shunwei Capital at a valuation of around US$100 million.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.