• Newsletter
  • Contact
  • Press Releases
Monday, June 23, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home Technology

Education Startup Zenius Bags an Investment From Alpha JWC Ventures and Openspace Ventures

Wulan by Wulan
March 22, 2024
in Technology
0
Education Startup Zenius Bags an Investment From Alpha JWC Ventures and Openspace Ventures - Business Profesional Portal
Share on FacebookShare on Twitter

Heaptalk, Jakarta – Educational startup Zenius received Pre-Series B funding, although an undisclosed amount. This time the injection of funds came from new investors such as Alpha JWC Ventures and Openspace Ventures.

They are joined by Northstar, Kinesys, and BeeNext, who have supported Zenius through Series A funding in February 2020. Zenius founders’ plans to use the funds to develop the platform to meet the growing market demand.

Openspace Ventures director Ian Sikora said, Zenius is one of the most promising educational technology companies. For more than a decade, they have shown a track record of showing proven learning outcomes and reinventing their core business as new mediums emerge.

World Ai Jakarta 2025
World Ai Jakarta 2025

“We believe this track record will be a major differentiating factor in the rapidly developing educational landscape, and we hope that this new round of funding will further boost Zenius’ growth,” Ian said in an official statement, Tuesday (5/1).

Partner & Investment at Alpha JWC Ventures Eko Kurniadi said the impact that Zenius has on thousands of Indonesian students is truly unique. Zenius gets students admitted to the university of their dreams and teaches real thinking skills.

“We share this vision with Zenius, and we believe that together, we will be able to change more lives for the better and create a more developed country,” he said.

Throughout 2020, Zenius showed strong growth. The company’s revenue grew by more than 70% in the second half of 2020 compared to the same period in 2019.

Zenius is considered the market leader in the live class segment, with more than 10 times the number of users from its launch in March 2020 to December 2020 and a user retention rate of over 90%.

Nearly 50% of his income currently comes from the live class segment. Currently, classes at Zenius receive an average rating of 4.9 out of 5, with an average attendance of 400 students, and breaking records with 10,000 users in one 60-minute math session.

The last six-month pace

In August 2020, Zenius released an internal survey that showed that more than 15,000 users passed the national university entrance exam (UTBK). In general, Zenius alumni have been accepted at 85 state universities and eight polytechnics, both at home and abroad.

“In line with our goal of bringing the competencies of Indonesia’s Program for International Student Assessment (PISA) to a global level, we are working around the clock to develop new features that will help students get the best learning outcomes through our technology,” said CEO Zenius Rohan Monga.

Recently, Zenius launched the Automated Doubt-Solving feature through our application and WhatsApp. This feature will provide a solution to students using only the camera on their cell phone. The system will then recommend a video and practice questions to explain the solution’s process and allow students to apply it in a given set of practice questions actively.

“This will create a deeper learning experience that contributes to students’ critical thinking and the ability to solve difficult problems and future concepts,” he said.

Collaborate with Telkomsel

Zenius immediately stepped on the gas by cooperating with Telkomsel to hold a competition entitled “Ilmupedia dares to answer”. Since the end of the 4th quarter of 2020, the program has been running and is still receiving registration until January 10, 2021.

This competition will involve high school students and equivalent throughout Indonesia, from 3,500 schools. While the total prize pool is prepared for more than IDR 400 million. Participants can register via the competition’s official website or via the Zenius app.

“Zenius believes that the learning process must be fun so that students are motivated to learn new things and be able to apply what they learn thoroughly,” said CEO of Zenius Education, Rohan Monga, in the official statement received.

VP Prepaid Consumer Telkomsel Adhi Putranto said that his party will indeed continue to collaborate with various parties who have similarities in realizing the future of Indonesian education more advanced as a digital telecommunications company.

“Telkomsel is very pleased with the collaboration with Zenius, which has so far been well received and delivers tangible results that can bring technology benefits to many students in Indonesia,” said Adhi.

Previously, Telkomsel and Zenius had also completed a series of collaborations for students in Indonesia, such as Ilmupedia and Zenius-Telkomsel Scholarship Test. The two companies also believe that the collaboration between technology-based education access providers and telecommunication providers can present a quality education scheme for many students in Indonesia.

Tags: heaptalkheaptalk.comtelkomselzenius

Related Posts

KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
iQoo Z10 will be launched in Indonesia on June 4, 2025. Credit: iQoo Indonesia

iQoo Z10 brings the largest 7,300 mAh battery to Indonesia

May 28, 2025
Huawei Smart Watch Fit 4 Series officially release in Indonesia. (Credit: Zainul)

Huawei Watch Fit 4 Series officially launches in Indonesia, here are the specs

May 27, 2025
Infinix GT 30 Pro launch in Indonesia (05/23). Credit: Haris

Infinix GT 30 Pro officially launches in Indonesia, breaks Muri record with 24-hour gaming marathon

May 26, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
World Ai Jakarta 2025the 10th world battery & energy industry expo 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com