1. Startups

Pockets Series A Funding, Squline Focuses on Developing Technology and Acquisition of New Talents

Funding was obtained from Investidea Ventures and other investors with a value of up to seven-digit dollars

The online course platform Squline officially announced the acquisition of Series A funding from Investidea Ventures with the participation of several investors who were not detailed. In his official statement, the funding value reached "seven-figure US dollars".

The fresh funds will be used by Squline to support technology development, new talent acquisition, and product expansion in 2019. This new investment round will allow Squline to solidify its position as a digital platform for language tutoring. in a manner live in Indonesia.

Since its founding in 2014, Squline has brought new innovations to the industry language learning traditional. Starting with the launch of Chinese courses in 2014, English courses in 2015, and Japanese courses in 2016 for users in Indonesia. In addition, this year they also launched an Indonesian Language Course, targeting expatriates in Indonesia and overseas markets.

Education concept live video calls and text conversation rated Squlines make the learning process more effective and can connect students and teachers from various regions in Asia Pacific.

"We will develop solutions that are more affordable but still prioritize effective ways to learn languages ​​online. This will also encourage market expansion to level B and C users in Indonesia and increase their level of competitiveness. Because our main mission is to create a learning environment without boundaries ,” said Squline co-founder & CEO Tomy Yunus.

Squline has also collaborated with local and foreign educational institutions, including the Beijing Language Culture College, Atmajaya University, and the University of Indonesia. Currently, it is stated that Squline has more than 5000 users in Indonesia spread across various regions.

Startups who are alumni of Telkomsel TheNextDev 2017 has previously officially made its presence at Australia. The market's great interest in learning Indonesian is exploited by Squline to present online classes.

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