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Venture Capital8 Nov 2024 5:12

Indonesia’s CARDS Platform Secures Funding to Expand Digital School Management Solutions

by Chan-yeol Lee
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CARDS, an Indonesia-based SaaS platform focused on digitalIndonesia’sagement, has raised seed funding to accelerate its growth. The funding round was led by Katha VC, a US-based venture capital firm with a focus on financial technology startups.

The investment also saw participation from DS/X Venture and EduSpaze, an edtech accelerator. Although the exact amount of the funding was not disclosed, the backing from these investors will support CARDS in enhancing educational management solutions, particularly in smaller cities across Indonesia.

The newly secured funding will drive CARDS’ expansion plans, focusing on building a regional sales team and enhancing afteCARDS’s services. This will ensure the smooth implementation of its platform across schools in Indonesia, particularly in smaller cities. 

Additionally, CARDS intends to develop new technologies, including artificial intelligence (AI), to streamline school staff operations, making administrative tasks more efficient and supporting the digital transformation of educational institutions.

CARDS aims to bridge the technology gap between schools in tier 1 cities and those in tier 2 and tier 3 cities, where access to advanced educational tools remains limited. The platform is designed to digitize a wide range of school operations, from administration and finance to digital payments, benefiting teachers, students, staff, and parents. CARDS seeks to improve the overall educational experience by providing a comprehensive digital solution, making it more efficient and modern.

Founded by Muh Arif Mahfudin (CEO) and Hari Yuliawan (COO), CARDS offers an integrated solution for school management. Its system covers various operational functions, including attendance, school fee payments, non-cash transactions in canteens, and academic activities. 

The founders emphasized that CARDS is not just offering isolated solutions but is building a complete ecosystem that transforms how schools operate, fostering greater involvement from all stakeholders in the education process.

Since its launch in 2021, CARDS has rapidly gained traction, attracting over 500 schools across Indonesia, including private institutions, pesantren, and public schools, spanning both elementary and secondary levels. 

The platform’s swift adoption and increasing demand have allowed CARDS to profit from its strong value in the educational sector. 

CARDS plans to explore strategic partnerships with companies, government bodies, and educational organizations to further expand its market presence and enhance its impact. With the new funding, CARDS is optimistic about its potential to positively change Indonesia’s education system. 

Indonesia’s

Tags: fundingventure capital

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