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.”
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Nigerian Health Tech Startup MDaaS Global Secures $3 Million for Expansion
MDaaS Global, a Nigerian health-tech startup, has secured $3 million in pre-Series A funding to expand its network of diagnostic clinics and scale its proprietary technology platform, BeaconOS.
d.light Secures $176 Million to Expand Solar Access in East Africa
d.light, a leading provider of affordable solar solutions, has secured a $176 million debt financing deal to expand its reach in Kenya, Tanzania, and Uganda.
Ghanaian Fintech Zeepay Secures $3 Million Investment From Verdant Capital Hybrid Fund
Zeepay, a leading Ghanaian remittance and mobile money provider, announced today the closing of a $3 million equity investment from Verdant Capital Hybrid Fund. This marks Verdant Capital’s fourth investment in just over two years.