From brick-and-mortar to AI-powered learning: The journey of Geniebook
As the world gets more digital, education is undergoing a revolution with new tools and approaches to enhance student learning. Education veterans Neo Zhizhong and Alicia Cheong began as private tutors over 10 years ago. After university, they founded School Plus in 2007, offering tailored math and science lessons. Despite early success, scaling became a challenge due to limitations in manpower and time.
SoLeLands, an immersive game-based learning platform, raised funding led by East Ventures
SoLeLands, an immersive game-based learning platform to support kids’ self-discovery, today announced that the company had raised funding led by East Ventures, with the participation of SMDV. The funding will be allocated for capacity building and product development in preparation for the soft launching in the Q4 of 2023.
Prep, a Vietnam-based language learning EdTech, raised US$ 1 million co-led by East Ventures and Cercano Management
Prep, the Vietnam-based online learning platform that specializes in standardized language test preparation, today announced that it has raised US$ 1 million co-led by East Ventures and Cercano Management. This round of funding will further strengthen Prep’s balance sheet, bringing the total funds raised by Prep to US$ 2 million, including the US$ 1 million invested by Touchstone Partners earlier in 2022.
Pintarnya closes Seed fundraise at US$ 14.3 million; East Ventures and Vertex Ventures SEA & India join the round
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, today announced it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to US$14.3 million, one of the largest seed funding rounds in Southeast Asia to-date.
MySkill, Indonesia-based career preparation edtech startup, secured seed funding from East Ventures
MySkill, an education technology (edtech) startup with the focus of career preparation for the youth, announced that it has secured an undisclosed amount of seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia.
Ruangguru advances education access in Indonesia by leveraging technology
Belva Devara and Iman Usman, Co-founders of Ruangguru, have both experienced the challenges of Indonesian education firsthand. Both of them originated from humble backgrounds and statistically speaking, access to higher education seemed improbable to them. Especially when quality education is still considered a privilege in the country.
A sustainable education and curriculum improvement: key drivers of digital-skilled workforces in Indonesia, a survey of EV-DCI
The improvement of education and curriculum has become a key to driving the quality of digital human resources in Indonesia. The finding was based on the Companies Perception to Indonesia’s digital Competitiveness survey contained in the East Ventures-Digital Competitiveness Index (EV-DCI) 2022 report. The survey was conducted on 71 startups in Indonesia, small, medium, and large (corporates).
East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022
Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.