InfraDigital Gets Series A Funding from AppWorks

Startup developer of management platforms for educational institutions InfraDigital announced the acquisition of series A funding for an undisclosed amount. Investments secured by AppWorks, the company invests in their early-stage funding with Fenox Ventures and several angel investors. Appworks previously also invested in funding series C Fabelio announced this month and HarukaEdu at the end of 2019 then.

As previously reported, InfraDigital is a SaaS service that makes it easier for educational institutions to start their digital transformation by digitizing student and financial data, automating operational processes, and facilitating online tuition payments. online or offline. According to the statistics submitted, InfraDigital is now active in 12 provinces and has been used by more than 350 institutions and 165 thousand students.

At the beginning of its debut in March 2018, InfraDigital was present as a startup that presented a system payment for multiple purposes (already registered with Bank Indonesia), including school fees, apartment bills, and parking fees. Along with its development, they are now focusing on accommodating educational institutions, from kindergarten to university levels, including non-formal institutions such as Islamic boarding schools and other institutions.

InfraDigital is also the innovator behind the "IDN network", which is a payment network for educational institutions built alongside startups and large retailers such as Gojek, Tokopedia, LinkAja, Blibli, Alfamart, Indomaret and various kinds provider other payments.

Pandemic accelerates digital transformation

The Covid-19 pandemic has forced educational institutions to stop activities in classrooms. Everything switches to online, and inevitably force all schools to carry out digital transformation. InfraDigital saw this as an opportunity, helped digitize their administration system.

"The pandemic has actually prompted many educational institutions to reassess decades of manual processes and explore digital options that can optimize work and costs. Since the beginning of the crisis, we have seen many requests for help in various areas of school management, including student enrollment. online, payments, and other digital administration functions," said InfraDigial Co-Founder Indah Maryani.

The company is currently dedicating its resources to assisting newly joined educational institutions in meeting the demands and operational complexities of distance learning policies during the pandemic. Especially during this period of economic uncertainty, InfraDigital solutions help simplify student payments and enrollment through PPDB/PMB, ultimately helping schools manage their finances and build a solid operational foundation.

“Schools in Indonesia have long suffered from the inefficient flow of money due to the use of a paper-based derivative system. InfraDigital digitization service is win-win solution for parents and educational institutions, making it easier for them to manage the tuition payment process and improve school finances and overall operations,” said AppWorks Partner Jessica Liu.

In the future, InfraDigital hopes to expand its footprint to other regions in Indonesia and eventually become a complete digital solution for educational institutions.