Titik Pintar, a startup that goals to enhance studying outcomes for Indonesian elementary college youngsters by way of its on-line instruments, introduced in the present day that it has closed an undisclosed sum in its first institutional funding from Indonesia Girls Empowerment Fund (IWEF).
The financing will permit the edutech startup to proceed on its progress path, bettering its service for kids, dad and mom and lecturers. It additionally seems to be to develop its assortment of interactive classes and academic movies by way of its SahabatPintar.id web site.
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“With the assist of IWEF, Titik Pintar is ready to construct even higher merchandise for elementary college youngsters in Indonesia. We imagine we will help youngsters have enjoyable whereas studying,” mentioned Robbert Deusing, CEO and Founding father of Titik Pitar.
“We had been very humbled to see the robust traction of Titik Pintar final 12 months, we received quite a lot of good suggestions from college students, dad and mom and lecturers. 2020 was tough for everybody, and we labored laborious to ship enjoyable instructional content material to Indonesian youngsters nationwide. We’re assured to develop our consumer base in 2021 to 250,000 with the assist of our strategic companions,” Deusing added.
Titik Pintar gives an ecosystem for edutainment. Tailor-made for each elementary college baby within the archipelago, it affords gamified self-paced studying and distant micro classes ready by lecturers, all aligned with the federal government curricula (Kurtilas).
All content material is created in Bahasa Indonesia and English, so youngsters can entry and work together with the multimedia supplies the best way they like.
The teachings and movies are created on the web site by lecturers themselves, who can earn further earnings from their contributions, whereas youngsters and fogeys can self-pace their studying expertise and discover one of the best content material for his or her wants.
Titik Pintar claims it has greater than 15,000 customers throughout Indonesia.
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The startup has beforehand secured a grant from the Dutch Authorities and investments from Indonesian and worldwide angel traders.
IWEF is an influence fund addressing limitations to ladies’s financial empowerment by investing in disruptive tech options. The fund is collectively managed by Moonshot Ventures and YCAB Ventures, which is a part of the YCAB Social Enterprise Group, a number one advocate for ladies and youth in Indonesia. IWEF is supported by the Australian Authorities as its lead sponsor and investor.
Tom Schmittzehe, co-founder of Moonshot Ventures, mentioned: “Most lecturers in Indonesia are ladies, whom IWEF seeks to advertise, and thru Titik Pintar, they are going to have the ability to earn a secondary earnings, whereas specializing in what they love most — instructing.”
Moonshot Ventures addresses improvement challenges confronted by rising economies in Southeast Asia. It invests in disruptive improvements and mission-driven entrepreneurs, so as to obtain large-scale influence.
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YCAB Ventures is a part of YCAB Social Enterprise Group that invests in financial empowerment actions to finish poverty and scale back inequality. By means of its funding actions, YCAB Ventures has financed over 185,000 ladies owned companies by 600,000 productive loans in addition to has supported different likeminded social enterprises.
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Picture Credit score: Titik Pintar
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