Home Blog Learn Business From The Top 5 EdTech Companies in Indonesia Business Setup | Company Registration | HR Consultation | Human Resource | Indonesia Learn Business From The Top 5 EdTech Companies in Indonesia InCorp Editorial Team 7 December 2022 4 minutes reading time Table of Contents The Promising Scene of EdTech Business in Indonesia Why Start an EdTech Company is A Good Thing for Business? Top 5 EdTech Companies in Indonesia The EdTech companies in Indonesia are experiencing a positive trend of growth. The tremendous and innovative youth force is the main driver for the growing sector. The positive impact can be traced back since the literacy of today’s youth began with technology. The use of tech devices has inevitably seen a significant rise since the pandemic started in early 2020. Therefore, it seems fair that more people depend on the internet. The Promising Scene of EdTech Business in Indonesia Internet usage accounts for 74% of the entire population of Indonesia. Naturally, the EdTech industry will benefit from this as well. Applications created by EdTech advocates are accessible to kids from anywhere. With the expansion of technology and internet speed, this sector will keep seeing expansion and rapid growth. Similar to the usage and reliance on the internet and technology, there has been an incredible rise in the EdTech sector. Read more: Find Out Top 10 Education Technology Companies That Are Thriving Today Momentum For Growth In fact, more people are using education technology with each passing day. Due to restrictions imposed in the earlier days of the pandemic, both educators and students must shift to online learning. Ruangguru and Pijar are a few platforms that have used this momentum well by offering online courses. Not to mention, EdTech companies in Indonesia often provide webinars or training that may improve the abilities of both teachers and pupils. Therefore, EdTech companies in Indonesia can position themselves as a need for education and social development to the people for their next venture. Why Start an EdTech Company is A Good Thing for Business? EdTech companies are suitable for further pushing for the growth of Indonesian youth and have proven to be vastly profitable. According to a poll by Dailysocial.id, EdTech held the top spot as the most widely used digital application by the end of the first quarter of 2022, with a share of almost 51%. Zenius and Arkademi were the second and fourth most influential startups in education in Indonesia, respectively, after Ruangguru. Since the year 2019, startup education funding has also increased. Earlier this year, after e-commerce and fintech, EdTech took the top among startups earning money from investments. This reveals that EdTech is a solid ground to bring in investment and allocate the funds received from it. Top 5 EdTech Companies in Indonesia Several Indonesian EdTech companies have grappled with intense competition and made their mark in the market. These companies have developed their own niche and seen steady upward growth. The most prominent EdTech companies in Indonesia are, amongst others: 1. Hacktiv8 Hacktiv8 offers web development training and bootcamp. Hacktiv8 offers Full-Stack Javascript training for 12 weeks with up to 11 hours of classes offered every single day. With notable businesses like Bornevia, Berry Kitchen, Dimo, Loket, and others, Hacktiv8 has been operating since 2016, and has also grown its network. The EdTech company provides job search support and a money-back guarantee to boot camp participants who cannot secure employment within 120 days of the training. 2. Zenius Education Zenius Education, another prominent business in Indonesia, was established in 2007. Zenius Education offers a platform online where different online courses using video-based instruction are available for different grade levels. Lessons in various subjects are provided, including arithmetic, physics, chemistry, English, Indonesian, and others. 3. CoLearn CoLearn, a platform for mobile devices, was established in 2019 and provided an online tutoring solution. Students can learn math concepts using the platform offered by CoLearn. The platform, accessible on both iOS and Android devices, provides live classes and tutors. 4. Ruangguru Leading Indonesian EdTech startup Ruangguru offers an online self-learning platform. This 2014-founded firm provides a range of productions, including a Study Room with instructional videos and exercises. They also provide an Online Tutor Room that offers tutoring consulting services for tutor-led private study sessions. Additionally, this subscription-based EdTech platform allows Brain Academy and Skill Academy to advance technical and soft skills. 5. Cakap Cakap provides solutions for online language learning through its application-based platform and software as a service (SaaS). Users of Cakap can take private tutoring sessions to study languages like English, Mandarin, Japanese, and Indonesian. This company, which has been operating since 2015, also gives its students progress reports and certificates. As we can see, the different EdTech companies listed above have identified a particular niche and developed it. Each company has a unique offering point for its potential and existing customers. For companies seeking to venture into this sector, Incorp offers a wide variety of services, including but not limited to HR Recruitment and Company Registration. Read Full Bio Verified by Ales Cina Consulting Manager at InCorp Indonesia Aleš manages solution delivery at InCorp Indonesia, optimizing incorporation processes and client relationships. His experience in internal auditing, retail, and sales offers valuable global insights. Aleš, with a degree in Economics and Finance from the Czech Republic, helps clients navigate cross-border business challenges, focusing on cultural and legal insights. Frequently Asked Questions What are the functions and responsibilities of a PMA company’s board and management? Indonesian Company Law establishes a two-tier governance system with Directors managing day-to-day operations and representing the company, while the Board of Commissioners supervises and advises them. The articles of association may empower board of Commissioners to provide consent or assistance to Directors for specific legal acts. What is a CV? CV (Commanditaire Vennootschap) is a proprietary business entity that houses several individuals to run a business. What is the difference between PT and CV? You can find the difference below: PT: limited liability company (shareholders are not legally liable for company liabilities) CV: a proprietary company where liability falls on the shareholders What duties do investors have when they own shares in a company that has been liquidated? Shareholders must appoint a liquidator during the shareholders’ meeting approving liquidation. If no liquidator is appointed, the Board of Directors assumes the role. Creditors can submit claims within two years of the liquidation announcement, provided there are proceeds available. If proceeds have been distributed, shareholders must return them proportionally to settle creditor claims. Whereas employee termination packages vary based on employee status, service years, and reason for liquidation. Get in touch with us. 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