Lower user acquisition costs drive up edtech valuations, says HarukaEdu’s Rustandi

Lower user acquisition costs drive up edtech valuations, says HarukaEdu’s Rustandi

HarukaEdu CEO Novistiar Rustandi

Indonesia’s Communication and Information Minister Rudiantara’s belief that the country’s next startup unicorn could come from the education space is shared by edtech startup HarukaEdu CEO Novistiar Rustandi but for different reasons.

While the minister puts it down to the huge money invested into the sector as a whole, Rustandi says it will be due to the efficiency of startups in the field.

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