Ruangguru's Valuation to Reach US$ 500 Million

Summary

Education startup, Ruangguru, is reportedly raising US$ 100 million or Rp 1.4 trillion in a funding round. With the latest investment, the valuation of the startups is predicted to reach US$ 500 million or Rp 7 trillion.

"General Atlantic led the investment," a source familiar with the matter told Tech in Asia. General Atlantic is a US-based equity company.

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