Ruangguru Receives 800+ Billion Rupiah Funding, Led by Tiger Global Management
It's the Series C follow-on round announced in 2019, led by General Atlantic and GGV Capital
Ruangguru edtech startup announced $55 million (over 800 billion Rupiah) funding led by Tiger Global Management. This is a follow on round of the series C announced in 2019, led by General Atlantic and GGV Capital.
GGV Capital also topped up in this latest round, followed by the ranks of Ruangguru's early investors, East Ventures, Venturra Capital, UOB Venture Management, and others. The additional fresh funding is said to accelerate Ruangguru's business expansion in three countries (Indonesia, Vietnam and Thailand) in the K-12 segment (SD, SMP, and SMA) and non-formal education.
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