Education
Education plays an important role to support skills and talents needed for the growth of business and the economy.
A potential market
The population consists of 25% of school ages and 69% productive ages. It shows a vast market for the edutech sector, both K1-K12 and open online courses.
Improving inclusivity
Collaboration between multiple stakeholders, including education institutions, industries, edutech startups, research institutions and the government need to be encouraged. One of the examples is by utilizing massive open online courses (MOOC) to improve inclusivity in education and upskilling.
Related Portfolio
Ruangguru
Ruangguru, the largest EduTech company in Southeast Asia, recorded a 46% increase in its number of users to reach 22 million users in 2020 in Indonesia. The startup has introduced many initiatives, including access for teachers to 250 free training modules, which were accessed by over 200,000 teachers in 2020.
“The development of the digital industry has changed the need for workforces. Therefore, we need a palpable breakthrough. We initiated two programs. Baparekraf Developer Day, an event that aims to upskilling app developers’ technical capacity. Baparekraf Digital Talent refers to the Upskilling Program for Creative Digital Talents as a government initiative to develop and increase the capacity of creative economy players.”
Sandiaga Salahuddin Uno
Ministry of Tourism and Creative Economy (Kemenparekraf)