1. Startups

Startup Edtech Rakamin Raises Funding, Focuses on Producing Quality Digital Talents

This funding is led by Investible with the support of EduSpaze and eWTP Capital

Indonesia is on the right track to become a global technology market leader. With the fourth largest population in the world, this country is enjoying a demographic bonus --- 69% of the population is in the productive category. However, if not managed properly, this bonus can backfire and end up being a burden on the state.

In the "knowledge worker" category, Indonesia ranks 125th out of 131 countries according to Global Innovation Index. This shows a clear weakness in finding advanced talent for innovation. Therefore, alternative education methods are needed to be able to develop local technology talent ecosystems.

There are many initiatives that have also been developed to improve the education sector in Indonesia. One of them is Rakamin Academy, a learning platform that allows users to connect and build careers in the digital era. This platform aims to build access to education that is more inclusive and impactful.

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