15 Jan 2020
Series C investment in Ruangguru
Partner Bono Daru Adji from Assegaf Hamzah & Partners acted for General Atlantic, a leading global growth equity firm, and GGV Capital, a pre-eminent global venture capital firm, on their US$150 million Series C investment in Ruangguru, an Indonesian technology company focusing on web-based education services. This investment is one of the largest fundraisings for an education technology company in Southeast Asia. It also helps solidify Ruangguru’s position as a market leader in education technology, and will aid the company in expanding its product offering across Indonesia and Vietnam.