Ruangguru cracks business model as it reaches 13 million student users

©ruangguru

Holding pole position as Indonesia’s popular tutoring services app, Ruangguru is revving up to expand into the lucrative corporate training sector

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Indonesian edtech startup Ruangguru had a “phenomenal” 2018, according to one of its investors, Raditya "Adit" Pramana, Partner at Venturra Capital. The Indonesian tutoring services platform "finally cracked the business model, [with something] that people loved and would work economically for the company as well," Adit told CompassList. "This is a model that they can scale throughout the nation. They're now a household name, providing quality education to people who did not have access to that before." Venturra Capital invested in Ruangguru in its Series A and B financing rounds i...
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Edited by Suzanne Soh

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