Could this edtech latecomer crack the code to monetization?

Read from your browser

Daily Newsletter

Hello there ,

CoLearn was already a late entrant to the Indonesian edtech market when it launched in 2018.

Ruangurru and Zenius, leaders in the sector, were already fighting it out for the top spot in the recorded-content space, so CoLearn decided to steer clear of that and explore live classes and AI-powered homework assistance instead.

Since then, other edtech firms, including Ruangguru and Zenius, have followed CoLearn’s lead. Despite that, it looks like its initial strategy has paid off as CoLearn closes a US$27 million series A round.

Now it plans to crack the problem of monetization. Though making money is a monumental challenge for edtech companies everywhere, CoLearn’s founder believes the firm is close to figuring it out.

-- Nathaniel
 
 

THE BIG STORY

Exclusive: Indonesia’s CoLearn bags more funding to wrap up $27m series A
While product diversification is a common move for startups flush with capital, CoLearn believes sticking to a certain expertise can bring big success.
 
 

IN PARTNERSHIP WITH

How do successful startups begin their journeys?

Every journey begins with a single step. However, it’s important to make that first move a solid one so you don’t stumble.

That rings true in the startup world as well. The team at Sequoia India and Surge know this, which is why they’ve put together a Founder Starter Pack to help entrepreneurs on their company-building journeys.

The pack distills some key lessons and insights from Surge and gives an overview of fundamental ideas that founders should think about even before day one. These include having a truly clear vision, the right performance metrics, and – perhaps most importantly – a pitch that will wow potential clients and investors alike.

Download the full Founder Starter Pack today to ensure that you’re off to a strong start towards building an enduring company.



 

TRENDING NEWS

Grab still tops SEA’s food delivery market in 2021: report
Like last year, Grab contributed nearly half of the GMVs that the region’s food delivery market generated in 2021, according to the Momentum Works report.
AC Ventures leads $1.1m seed round of 🇮🇩 earned wage access firm
Gajiku said that 90% of its registered employees transact at least once a month.
Tiger Global, Sequoia back crypto firm’s $40m round
Babel Finance offers crypto lending and crypto trading services to institutional investors and high-net-worth individuals.
Square Peg co-leads $40m round of 🇸🇬 edtech firm
Cialfo connects high schoolers, counsellors, and colleges to ease the career exploration and college search process.
🇮🇳 Roundup: BoAt parent files for $266m IPO, more
Also, startups including Kissht, Aqgromalin, and Broomees raised funds worth US$19 million in total.
AirAsia’s logistics arm invests in 🇮🇩 trucking marketplace
The partnership allows Kargo to expand its footprint across the region by leveraging Teleport’s network, data, and infrastructure.


EVENTS HAPPENING


You can also check out a curated list of trending tech events over here.
  • *Event* [Workshop] What NFTs mean to startups in Southeast Asia on February 10th
    Curious about NFTs and want to expand your insights about this phenomenon? On February 10, catch our workshop with David Shin, head of global adoption at the Klaytn Foundation, to learn more about the digital asset!
    Get a single ticket to attend this workshop or subscribe to Tech in Asia Core at just US$0.55/day for unlimited access to all our workshops, signature conferences, and premium content.
  • AWS SaaS Forum on February 17th
    Join the AWS SaaS Forum on February 17 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.



WHO'S HIRING

You can post a job here or search for jobs here.

ADVERTISE | SUBSCRIBE

P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox.

Too many emails?
Switch to a different frequency or get new content through our preference center, or unsubscribe.

You can also break our hearts and remove yourself from all Tech in Asia emails over here
 
 
Copyright © 2022 Tech in Asia, All rights reserved.
63 Robinson Road, Singapore 068894

Older messages

Unpacking India’s q-commerce craze and roll-up showdown

Thursday, January 27, 2022

The Checkout is Tech in Asia's free newsletter that breaks down the biggest stories and trends in ecommerce. Read from your browser The Checkout 🛒 Welcome to The Checkout! Delivered every Thursday

Taking Indonesian mom and pop stores to the next level

Wednesday, January 26, 2022

More: Shein mulls a US listing, and Temasek makes a big acquisition. Read from your browser Daily Newsletter Hello there , My interest in superheroes began when I was in primary school. There was a

These apps are banking on Indonesia’s money management rush

Wednesday, January 26, 2022

The Top Up is Tech in Asia's free newsletter that breaks down the biggest stories and trends in fintech. Read from your browser The Top Up 💵 Welcome to The Top Up! Delivered every Wednesday via

Alibaba and Tencent's footprints across SEA

Tuesday, January 25, 2022

More: Mammoth funding rounds for Indian unicorns and Tencent clamps down on corruption Read from your browser Daily Newsletter Hello there , The world works in funny ways. It's hard enough to

Behind this YC-like accelerator’s second fund

Monday, January 24, 2022

More: Bank Negara Indonesia's acquisition plans and 1337 Ventures' latest fund Read from your browser Daily Newsletter Hello there , If you look at the “about” section on our website, the very

You Might Also Like

🔐 Why Microsoft Replacing Passwords Is a Good Thing — Linux Mint vs. Ubuntu

Thursday, December 26, 2024

Also: How I Used QR Codes and Google Sheets to Organize My Home How-To Geek Logo December 26, 2024 Did You Know A "moment" used to be an actual measure of time, corresponding to roughly 90

Ranked | The World's 10 Largest Companies by Revenue (2019-2024) 💰

Thursday, December 26, 2024

We show the world's largest companies by revenue, based on the Fortune Global 500 rankings as stock markets rally in 2024. View Online | Subscribe | Download Our App FEATURED STORY The World's

Issue 345 - OTA software updates are amazing

Thursday, December 26, 2024

View this email in your browser If you are just now finding out about Tesletter, you can subscribe here! If you already know Tesletter and want to support us, check out our Patreon page Issue 345 - OTA

Do Honeypots Still Matter?

Thursday, December 26, 2024

Top Tech Content sent at Noon! Boost Your Article on HackerNoon for $159.99! Read this email in your browser How are you, @newsletterest1? 🪐 What's happening in tech today, December 26, 2024? The

Best Practices for Composition Patterns in Jetpack Compose

Thursday, December 26, 2024

View in browser 🔖 Articles Best Practices for Composition Patterns in Jetpack Compose Jetpack Compose is a newly introduced declarative UI framework compared to other declarative UIs, and there hasn

wpmail.me issue#699

Thursday, December 26, 2024

wpMail.me wpmail.me issue#699 - The weekly WordPress newsletter. No spam, no nonsense. - December 26, 2024 Is this email not displaying correctly? View it in your browser. News & Articles 12 Best

Post from Syncfusion Blogs on 12/26/2024

Thursday, December 26, 2024

New blogs from Syncfusion Create a Flutter 3D Column Chart to Showcase the Top 6 Renewable Energy-Consuming Countries By Praveen Balu Let's visualize the top 6 renewable energy-consuming countries

Ruijie Networks' Cloud Platform Flaws Could Expose 50,000 Devices to Remote Attacks

Thursday, December 26, 2024

THN Daily Updates Newsletter cover Improve IT Efficiency with a Standardized OS: Nine considerations for building a standardized operating environment Optimize your IT with a standardized operating

Edge 460: Anthropic's New Protocol to Link AI Assistants to Data Sources

Thursday, December 26, 2024

Model Context Protocols is one of the recent AI contributions of the AI lab. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

December 26th 2024

Thursday, December 26, 2024

Curated news all about PHP. Here's the latest edition Is this email not displaying correctly? View it in your browser. PHP Weekly 26th December 2024 Hi everyone, It's boxing day in some parts