Exclusive: Indonesian edtech startup Ruangguru closes series B

Exclusive: Indonesian edtech startup Ruangguru closes series B

Image from Ruangguru's website.

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.

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