Indonesia edtech Cakap gets new funding; valuation exceeds $100m

Undisclosed amount from MDI Ventures, Heritas Capital to aid 'blended' learning

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Indonesian edtech company Cakap is developing "blended" learning -- a mix of online and offline classes. (Source photos by Reuters and screenshot from Cakap website) 

TABITA DIELA, DealStreetAsia

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.

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