Indonesian language-learning platform Cakap secures US$3mil in series A plus funding

Biology teacher Wahyu Adi Prasetyo (left) and English teacher Rantiyani use mobile phones to interact with their students during online classes in South Tangerang, Banten, on Aug. 10. - JP/ANN This article was published in thejakartapost.com with the title "Language-learning platform Cakap secures $3m in series A plus funding". Click to read: https://www.thejakartapost.com/news/2020/12/28/language-learning-platform-cakap-secures-3m-in-series-a-plus-funding.html.

JAKARTA (The Jakarta Post/ANN): Online language-learning platform Cakap has raised US$3 million in a series A+ funding round and has recorded a profit during the Covid-19 pandemic.

The company’s new funding haul was led by Singapore-based Heritas Capital with participation from Strategic Year Holdings and existing investors, including Indonesia-based Investidea Ventures and Prasetia Dwidharma.