Ruangguru acquires study-abroad startup Schoters and coding school Kalananti
- Event date
- Published on WAC News
Indonesian education technology company Ruangguru announced on July 4, 2022, that it had acquired two local startups: Schoters, which prepares students for study abroad, and Kalananti, a provider of coding courses for children. The financial terms of the two deals were not disclosed.
Schoters was founded in 2018 and is led by co-founder Radyum Ikono. It guides Indonesian students who are applying for undergraduate and graduate study and scholarships overseas, offering consultation, tutoring, foreign language classes and help with application documents. Talks on the deal began in November 2021 and were completed in June 2022, and the Schoters brand will keep operating independently. Kalananti, founded in 2020, teaches coding and innovation to children aged 5 to 12 through blended learning; Ruangguru had acquired it earlier in 2022.
At the same event, Ruangguru presented several new products, including Ruangguru for Kids for children aged 3 to 12, an adaptive learning feature called Adapto X, and a preparation center for Indonesia's university entrance exam. Ruangguru was founded by Belva Devara and Iman Usman and serves school students in Indonesia. Schoters has said it helped thousands of students gain admission to more than 400 universities in 43 countries.
Why it matters
By buying Schoters, an Indonesian school learning platform added overseas admissions and scholarship guidance, linking domestic exam preparation with pathways to universities abroad.
Key facts
- Acquisitions of Schoters and Kalananti announced on July 4, 2022
- Financial terms not disclosed
- Schoters founded in 2018; Kalananti founded in 2020
- Schoters brand to continue operating independently
- Schoters reports placements at more than 400 universities in 43 countries
Organisations in this story
- Ruangguru
- Schoters
- Kalananti
Sources
- Ruangguru Announce Acquisition of Schoters and Kalananti, Expand Product EcosystemDailySocial · July 5, 2022
- Indonesian edtech Ruangguru acquires local firm Schoters in second deal this yearDealStreetAsia · July 5, 2022
This is an independent summary written by the WAC editorial team from the published sources listed above. It describes the situation on the event date. The organisations named are not affiliated with the World Assessment Council and have not reviewed this summary. How WAC News works · Send a correction
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