What is Ruangguru?
Ruangguru is a prominent technology-enabled education company headquartered in Jakarta, Indonesia. Established in 2014, it offers a comprehensive suite of digital learning solutions, including online tutoring, a marketplace for tutors, and platforms for skills and professional development, as well as corporate training. The company aims to democratize access to quality education through technology, serving millions of students and professionals across Indonesia and expanding its reach internationally.
How much funding has Ruangguru raised?
Ruangguru has raised a total of $205M across 2 funding rounds:
Series C
$150M
Unspecified
$55M
Series C (2019): $150M with participation from GGV Capital, UOB Venture Management, General Atlantic, and EV Growth
Unspecified (2021): $55M led by GGV Capital and Tiger Global Management
Key Investors in Ruangguru
GGV Capital
GGV Capital is a global venture firm investing in seed-to-growth stage companies across Social/Internet, Enterprise Tech, and Smart Tech sectors. They have a track record of backing prominent technology companies worldwide.
General Atlantic
General Atlantic is a global growth-equity firm that provides capital and strategic support to high-growth companies, particularly in technology and other key sectors, aiming to accelerate their expansion.
Tiger Global Management
Tiger Global Management is an investment firm that deploys capital across both public and private markets, focusing on growth-stage companies.
What's next for Ruangguru?
The substantial enterprise-level funding and recent strategic investment signal Ruangguru's robust trajectory and its capacity for further innovation and market penetration. This capital infusion is expected to accelerate the development of new educational products, enhance its existing platforms, and potentially support international expansion efforts. Ruangguru's focus on leveraging technology to address educational disparities positions it for continued leadership in the rapidly evolving edtech landscape.
See full Ruangguru company page
