Edtech startup HarukaEDU bags Series C funds

21 November 2019 04:36

JAKARTA - Edtech startup HarukaEDU has pocketed an undisclosed amount of Series C funds in a round led by SIG. Other investors participating in the round included AppWorks, GDP Venture, and Gunung Sewu Kencana.

In an official statement, HarukaEDU said the fresh funds will be used to support the startup’s expansion into business-to-business (B2B) services through its corporate online training platform as well as supporting its learning platform Pintaria.com.

The startup claims to have partnered with over 15 higher education institutions in Indonesia with more than 20 accredited online programmes.

“We aim to achieve the same learning outcome compared to regular offline training, yet reducing the number of working hours spent on training by 50%, offering companies potential savings of millions USD per year,” said HarukaEDU CEO Novistiar Rustandi as quoted by DealStreet Asia, Monday (18/11). (MS)

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