InfraDigital, a digital school management startup in Indonesia, has announced the closing of its Series A funding from Taiwanese accelerator AppWorks.
The deal size has not been disclosed.
This capital infusion follows seed round of funding last year.
Edutech has the potential to substantially elevate Indonesia’s quality of education, while improving outcomes and overall standards of living for over 50 million students. Unfortunately, most schools struggle with tracking even basic student data and often lack the digital tools for proper financial management and planning.
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The high cost of existing solutions has also inhibited widespread access to digital technologies, especially for schools in more rural areas which are often strained for resources.
Founded in 2018, InfraDigital aims to assist schools to address these pain points, targeting two of the most impactful areas of school management — financial operations and data transparency.
The edutech firm helps schools digitise student and financial data, automates back office processes, and facilitates online tuition payments. To achieve this goal, it has partnered with a variety of stakeholders, including banks, education foundations, and government bodies.
Through its platform, schools can transition to cashless tuition collection, increasing income up to 16 per cent in some cases. With InfraDigital, school administrators are granted full visibility into the operational health of their organization, enabling them to make smarter financial decisions and create a better student experience.
InfraDigital is also offers Jaringan IDN, a payments processing network established in conjunction with gojek, Tokopedia, LinkAja, Alfamart, Ayopop, and Indomaret to help educational institutions seamlessly collect tuition fees both online and offline.
The edutech company is active in 13 provinces in the archipelago, from North Sumatera to South Sulawesi, with its platform deployed in over 350 schools serving over 165,000 students.
The company is currently dedicating all its resources to assisting new and existing clients and helping them meet the added demands and complexities during COVID19 closures.
Moving forward, InfraDigital hopes to expand its footprint to other regions of Indonesia and eventually become a full-stack digital solution for educational institutions.
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Image Credit: InfraDigital
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