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Ruangguru: Closes $150M in Series C Funding | Fintech InShorts: Latest fintech news, analysis by experts

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Ruangguru: Closes $150M in Series C Funding

By Steve Sam

December 27, 2019

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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