Indonesian Edtech Company CoLearn Closes Series A Round The startup has raised an additional amount of $17 million as part of its Series A follow-on funding. Prior to raising $17 million, it raised $10 million in the Series

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.


CoLearn, one of the fastest-growing edtech platforms in south east Asia, has raised an additional amount of $17 million as part of its Series A follow-on funding from TNB Aura, KTB Network and BINUS GROUP, with participation from existing investors AWI, Sequoia Capital India's Surge, GSV Ventures, AC Ventures, Leo Capital and January Capital. Prior to raising $17 million, CoLearn raised $10 million in Series A funding from leading investors.

The funds will be utilized to strengthen CoLearn's go-to-market strategy, enabling the company to further expand its paid user base in Indonesia and will also help strengthen the company's brand presence.

"CoLearn is not only helping students build a strong foundation in STEM subjects but also has an immediate impact, as over 80 per cent of our subscribed students have seen an improvement in their grades. We are actively working towards changing the mindset around online tutoring with our offering that blends AI and interactivity," said Abhay Saboo, co-founder and CEO CoLearn.

"With the team's unique approach in tackling the K-12 education gap, along with unwavering motivation and hustle, CoLearn has the rare combination to become the next iconic startup from Indonesia," said Vicknesh R Pillay, founding partner at TNB Aura.CoLearn, an online K-12 live learning and homework help platform, was launched in August 2020 and has amassed over 4.8 million users. The platform offers high quality video solutions with clear, concise explanations. CoLearn has a robust technology team operating out of India and UAE that focuses on building innovative solutions for the platform. The company is actively looking at expanding its team size and recruiting for data science, product and engineering roles in these countries, said a statement.

Wavy Line
Shrabona Ghosh


A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 

Related Topics

Business Ideas

100 Businesses You Can Start With Less Than $100

There are many obstacles to starting your own business, but money isn't always one of them.

Growing a Business

My Startup Scored a Multimillion-Dollar Contract With a Fortune 100 Client in Just 3 Years. Here's What We Learned.

There's no perfect litmus test to gauge if you're ready to go after big business or not — but if you don't take the risk, you'll never realize the reward.


How to Identify and Handle Toxic Business Leadership

Toxic business leaders are the danger of modern corporate life. Unfortunately, they may hide behind good reputations. Let's discuss four signs of toxic leadership and strategies to deal with it.


Improving Yourself Takes 9.6 Minutes of Work Each Day

Micro-habits are the antidote to a chaotic world, offering a pathway to sustainable change.

Business News

The Virgin Islands Want to Serve Elon Musk a Subpoena, But They Can't Find Him

Government officials would like to talk to Tesla's owner as part of an investigation into the Jeffrey Epstein case.