Indonesian edtech firm Cakap bags funding from MDI Ventures, Heritas Capital

Indonesian edtech firm Cakap bags funding from MDI Ventures, Heritas Capital

(Left-right) Tomy Yunus, CAKAP CEO & Co-founder; Cecillia Ong, Chief Operating Officer (COO); Jonathan Dharmasoeka, Chief of Financial Officer (CFO) (Photo courtesy of CAKAP)

Indonesian upskilling platform Cakap raised an undisclosed Series C1 funding round from MDI Ventures and existing investor Heritas Capital, valuing it at more than $100 million, the company announced in a statement on Wednesday.

Edited by: Pramod Mathew