Announced
Completed
Financials
Tags
Private
Indonesia
Acquisition
Single Bidder
Education Services
Friendly
educational technology
Minority
Cross Border
Venture Capital
Completed
Private Equity
Synopsis
General Atlantic and GGV Capital, with participation from existing backers EV Growth, UOB Venture Management and a number of new investors, led a $150m Series C round in Ruangguru, an ed-tech startup. “We look forward to leveraging experiences from our global portfolio, particularly in technology-enabled education in emerging markets, to help fuel Ruangguru’s continued expansion,” Ashish Saboo, General Atlantic managing director and General Atlantic Indonesia director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.