Indonesian education technology (edtech) startup Ruangguru has closed its Series B funding round, according to three people aware of the development.
The company is learnt to have raised around $7-8 million through the funding round to fuel its expansion plans, according to people in the know. Although the company did not comment nor confirm on closing their series B funding, industry experts predict that Ruangguru has roped in an international investor for its Series B round, given the lack of local series B investors in Indonesia.