JAKARTA -- Indonesian upskilling platform Cakap raised an undisclosed Series C1 funding round from MDI Ventures and existing investor Heritas Capital, pushing its valuation over $100 million, the company announced in a statement on Wednesday.
The funding comes a year after Cakap secured an undisclosed investment from Indonesia Impact Fund (IIF). Cakap also raised $10 million in a Series B round in December 2021 co-led by Centauri Fund and Heritas Capital, and $3 million in a Series A+ round led by Heritas Capital a year earlier.
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