Dymon Asia Private Equity Invests SGD10 Million in Nurture Education Group (Asia)

Source: The Straits Times | Author(s): Yasmine Yahya

Investment management company Dymon Asia Private Equity has invested SGD10 million (approximately US$7.9 million) in Singapore-based preschool operator Nurture Education Group. Nurture has been operating in Singapore for 15 years and has three chains of infant care, preschool and student care centers. Dymon previously invested SGD6 million (approximately US$4.7 million) in the company in 2013. Nurture intends to use the latest capital injection to expand its presence in Singapore and eventually across the region.