# PT. Ruang Raya Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-ruang-raya-indonesia

- Industry: Education/Training
- Headquarters: Indonesia
- Website: www.ruangguru.com
- Total disclosed funding: $155M
- Latest round: Series C (Apr 13, 2021)
- Investors on record: 8

## About

PT. Ruang Raya Indonesia is an online education platform in Indonesia that offers interactive learning solutions designed to improve student engagement and academic outcomes through diverse educational services.Founded in 2013, PT. Ruang Raya Indonesia operates an online education platform providing various learning services. The company has raised USD 55.00 mn in its Series C funding round, led by Tiger Global Management, bringing the total amount raised to USD 55.00 mn. Its current company valuation stands at USD 827.92 mn. The founders, Adamas Devara and Iman Usman, focus on delivering educational content tailored to Indonesian learners.Ruangguru offers a comprehensive online education platform that includes video lessons, practice exercises, and live tutoring sessions with qualified educators known as Master Teachers. The platform caters to students from elementary through high school and includes university-level learners, providing specialized courses in subjects such as English language instruction, coding, and robotics. Ruangguru also supports educational institutions with tailored solutions, serving a diverse clientele primarily in Indonesia and expanding into international markets since the COVID-19 pandemic.Ruangguru's revenue model is based on subscriptions that allow users to access premium educational content and services. It engages directly with consumers through various tailored learning packages, including cost-effective options like Roboguru Plus and Ruangbelajar. Additionally, partnerships with educational institutions create a B2B revenue stream, contributing to the company's financial sustainability.PT. Ruang Raya Indonesia plans to enhance its offerings by launching new products focused on interactive learning experiences and expanding its market reach into Southeast Asia by 2025. The recent Series C funding of USD 55.00 mn will support these initiatives, alongside a new venture funding round from Trihill Capital that aims to strengthen its position in the competitive online education landscape.

## Funding rounds

- Series C, Apr 13, 2021, $55M — Granite Asia, Tiger Global Management
- Series C, Jan 17, 2020, $90M — General Atlantic, Granite Asia, UOB Venture Management, East Ventures
- Series B, Jun 16, 2017, $8.1M — Alto Partners, UOB Venture Management, East Ventures, Koru Partners
- Series A, Jan 23, 2017, $1.5M — East Ventures, Mandiri Investment Management, Koru Partners
- Seed, Aug 19, 2014 — East Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A, Series B, Series C
- Mandiri Investment Management (https://capitalatlas.ai/funds/mandiri-investment-management) — Series A
- Koru Partners (https://capitalatlas.ai/funds/koru-partners) — Series A, Series B
- Alto Partners (https://capitalatlas.ai/funds/alto-partners) — Series B
- UOB Venture Management (https://capitalatlas.ai/funds/uob-venture-management) — Series B, Series C
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series C
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C