Ed-tech start-up Gredu raises $4 million

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Ed-tech start-up Gredu raises $4 million
Ed-tech start-up Gredu raises $4 million

To facilitate remote learning arrangements, the Ed-tech start-up launched new features, including interactive classes and online assignments after the break out of Covid-19 pandemic

An Indonesia-based Ed-tech start-up – Gredu announced that it has raised $4 million in a latest Series-A funding round.

The funding round was led by Intudo Ventures as the lead investor and involved an existing investor – Vertex Ventures.

The fresh funds will be used by the Ed-tech start-up to expand outside of Greater Jakarta, accelerate product development, and recruit new talent.

With K-12 education as its initial target, Gredu is now developing products to tap into new sectors, such as preschool and university programs.

To facilitate remote learning arrangements, the Ed-tech start-up launched new features, including interactive classes and online assignments after the break out of Covid-19 pandemic.

According to Rizky Aniez, the chief executive, the pandemic has increased the company’s sales as market awareness and demand increased. However the company’s traditional sales approach has been disturbed by the social restriction implemented by the government.

Gredu currently works with over 400 schools to help more than 400,000 users on its platform.

Gredu is a social Ed-tech platform that aims to increase the level of engagement in a school environment to improve the overall schooling experience, for teachers, parents, and students. We believe we can use technology to improve the educational environment to create a better future and ecosystem.

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