Indonesia Digest: Ruangguru secures $55m, Sinar Mas Land sells London property
Ruangguru co-founders Adamas Belva Devara (left), and Iman Usman.
April 19, 2021
As first reported by DealStreetAsia, Indonesian edtech platform Ruangguru has confirmed raising $55 million as part of its Series C2 round, while Sinar Mas Land, controlled by Indonesia’s Widjaja family, has sold its entire interest in 10 Great Pulteney Street in London for $99.3 million.
Ruangguru secures $55m led by Tiger Global
Indonesian edtech platform Ruangguru has secured $55 million in a funding round led by Tiger Global Management, with participation from GGV Capital, the investee confirmed on Monday.
The deal confirmed DealStreetAsia’s report on Friday regarding the Series C2 funding.
By Perez Brisibe
MANAGING Director of the Delta State Oil Producing Areas Development Commission, DESOPADEC, Bashorun Askia Ogieh, has debunked reports that the state governor, Dr. Ifeanyi Okowa is interfering with the running of the commission.
The DESOPADEC boss made the disclosure while speaking during the launch of the matriculation ceremony for 160 trainees of the commission’s Skill Academy for unemployed youths from oil bearing communities.
He further stressed that as an interventionist agency, DESOPADEC is diligently implementing its mandate to change the socio-economic development of host communities within the mandate areas of the commission.
In his remarks at the event, he said: “I wish to briefly address an unsavoury issue that crept up recently. Some people have been promoting false and mischievous narratives on the management of the income accruing to Delta State under the derivation principle.
Indonesian social tracker app Campaign #ForChange and online game
Garena Fantasy Town are included on this year s list of Google Play’s best apps and games.
The winners were voted for by Google Play’s users and editors. The categories include Best App of 2020, Users’ Choice App of 2020, Best App for Good, Best Everyday Essentials, Best for Personal Growth, Best Hidden Gems, Best Competitive Games and Best Indie Games.
Launched by Campaign.com on April 2017, Campaign #ForChange was named by Google Play as Indonesia’s Best App for Good. The app, which has been downloaded by over 38,800 users, is considered to offer a new way to conduct social campaigns.