MindChamps, Temasek tie up in preschool franchisee fund

Singapore

PRESCHOOL operator MindChamps Preschool and a Temasek Holdings unit are co-investing in a fund for international franchisees, in a joint venture inked on Monday.

The MindChamps PreSchool Global Fund will invest, directly or indirectly, in local education fund products to buy and set up schools run under the "MindChamps" brand.