New Investments
Egyptian Edtech Startup El Kheta Secures $400,000 in Funding From EdVentures
El Kheta, an Egyptian online learning platform, has secured a significant investment of US$400,000 from EdVentures, Nahdet Misr Group’s venture capital arm.
EdVentures holds the distinction of being the first venture capital firm in the Middle East dedicated solely to the educational technology (edtech) sector.
El Kheta provides a unique and flexible learning experience for Egyptian school students.
The platform offers supplemental lessons aligned with the latest Egyptian curriculum, along with practice exercises and exams to help students solidify their understanding and achieve academic success.
Students can personalize their learning by choosing specific subjects and building a study plan that caters to their individual needs.
This funding round, led by Egypt’s first edtech-focused corporate VC fund, EdVentures, will empower El Kheta to expand its reach and services.
“We have strong faith in El Kheta’s ability to transform the online education landscape in Egypt, particularly with its focus on supporting school students,” said Dalia Ibrahim, founder and chairwoman of Nahdet Misr for Entrepreneurship EdVentures.
“We are committed to fostering talented entrepreneurs in the edtech industry and will actively support El Kheta’s vision of creating a more accessible and effective learning experience for all.”
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