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Ruangguru: Closes $150M in Series C Funding

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Ruangguru: Closes $150M in Series C Funding

  • Ruangguru, a Jakarta, Indonesia-based online education platform, raised $150m in Series C funding
  • Then the round was led by General Atlantic and GGV Capital with participation from existing and new investors
  • The company also said it would use the funding to expand its product offering across Indonesia and Vietnam
  • Ruangguru serves over 15M students, manages 300,000 teachers, and works closely with all levels of the Indonesian government
  • Ruangguru is Southeast Asia’s largest and most prominent technology-enabled education company
  • General Atlantic is a leading global growth equity firm also providing capital and strategic support for growth companies

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