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Ruangguru Completes $150M Series C Transaction Led by General Atlantic and GGV Capital

Ruangguru, an online education platform in Indonesia, today announces $150 million in Series C funding led by General Atlantic, a leading global growth equity firm, and GGV Capital, a preeminent global venture capital firm. Existing investors and a number of new investors also participated in the round. This marks one of the largest fundraisings for an education technology company in Southeast Asia. The investment also helps solidify Ruangguru’s position as a market leader in education technology and will aid the Company in expanding its product offering across Indonesia and Vietnam.