Belva Devara News Today

In this article, we look at key foreign-invested EdTech projects in Vietnam and why foreign firms have invested where they have.

Ruangguru had entered Vietnam in 2019 through a platform called Kien Guru.

The deal follows Ruangguru's acquisition of coding course provider Kalananti in June.

Ruangguru, a Jakarta, Indonesia-based edtech company, raised USD 55m in funding.   The round was led by Tiger Global Management with participation from GGV Capital. The funding follows the previous USD150m Series C funding led by General Atlantic and GGV Capital in December 2019. Earlier investors in the company include East Ventures, Venturra Capital, and UOB Venture Management among others.  The company intends to use the funds to expand operations and its business reach. Led by Belva ...

Press release content from Newswire. The AP news staff was not involved in its creation. Ruangguru Secures USD 55 Million New Investment Led by Tiger Global Management April 21, 2021 GMT Ruangguru Secures USD 55 Million New Investment Led by Tiger Global Management JAKARTA, Indonesia - April 21, 2021 - ( Newswire.com )  Indonesia’s homegrown Edtech - Ruangguru, the largest education technology company in Southeast Asia, secured USD 55 million investment led by Tiger Global Management followi...