Xiniao Education Secures Pre-Series A Round from China Distance Education Holdings
2020-01-17 18:08:57

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Xiniao Education(犀鸟教育), a vocational training program provider based in Tianjin, has raised tens of millions of yuan in pre-Series A funding round led by China Distance Education Holdings Limited, a provider of online education and value-added services for professionals and corporate clients that went public in 2008.

Founded in 2016, the training platform offers exam preparation services to adults, especially college students, covering trainings on civil servant, graduate entrance, teacher and accountant exams through offline and online courses.

According to founder Ding Ya, the fresh capital will be used for curriculum R&D, team development and market expansion.

Deloitte’s China Education Development Report 2018 predicts China’s vocational education market is expected to reach 1.24 trillion yuan by 2020, 37% of the country's entire education market.