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Ruangguru

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PT Ruang Raya Indonesia
Industry
Founded2014
Founders
Headquarters
Number of locations
Indonesia
Websitewww.ruangguru.com

PT Ruang Raya Indonesia,[1] doing business as Ruangguru is a startup company focusing in education. The premium service focuses on helping students in understanding school curriculums, as well as helping with exams, particularly standardized exams.

History

Ruangguru was founded in April 2014 by Adamas Belva Syah Devara and Muhammad Iman Usman to aid students to find various tutors online.[2][3] As of August of the same year, there were more than one thousand teachers registered. Ruangguru was also funded by East Ventures.[3]

In February 2016, Ruangguru introduce its beta version of Android app and full version in April.[2]

On 5 July 2017, UOB Venture Management was reported to fund Ruangguru as the third funder with Series B financing.[4]

Service

In Ruangguru, lessons that are provided are school-related subjects, foreign languages, musics, sports, and others. Ruangguru receives 20% of the transactions made.[3]

Corporate

According to Kompas, a Singapore-based company Ruangguru Pte Ltd owns 99.99% of PT Ruang Raya Indonesia's shares.[5]

References

  1. ^ "Ruangguru". Retrieved 14 December 2017.
  2. ^ a b "Economy in brief: Tutor-search start-up to launch mobile app". The Jakarta Post. 12 February 2016. Retrieved 14 December 2017.
  3. ^ a b c Yusuf, Oik (21 August 2014). "Ruangguru.com Memperoleh Pendanaan dari East Ventures". Kompas.com. Retrieved 14 December 2017.
  4. ^ "EdTech platform Ruangguru secures UOB Venture Management backing". The Jakarta Post. 5 July 2017. Retrieved 14 December 2017.
  5. ^ https://money.kompas.com/read/2020/04/24/095143026/menelusuri-pemilik-saham-ruangguru-pte-ltd-singapura-yang-diklaim-milik-belva?page=all