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Today: November 11, 2024
July 5, 2024
1 min read

Egyptian Ed-Tech Startup Raises $400k from EdVentures for Growth



Article Summary

TLDR:

  • Egyptian ed-tech startup El Kheta raises $400k funding from EdVentures
  • El Kheta offers reinforcement lessons to help school students in Egypt study

Egyptian online educational platform El Kheta has secured a funding round of $400,000 from EdVentures, the investment arm of Nahdet Misr Group. El Kheta focuses on providing reinforcement lessons to school students in Egypt, along with offering exercises and exams from the new Egyptian curricula to enhance academic performance and success. The platform allows students to personalize their educational experience by selecting their preferred curricula and creating a study plan that fits their needs.

This funding from EdVentures, Egypt’s first ed-tech-focused corporate VC fund, will support El Kheta in scaling its operations. Dalia Ibrahim, founder and chairwoman of Nahdet Misr for Entrepreneurship EdVentures, expressed confidence in El Kheta’s potential to transform the online education sector in Egypt, especially for school students. The goal is to provide a better and easier educational experience for everyone through innovative educational services.

Overall, El Kheta’s funding from EdVentures marks a significant milestone for the Egyptian ed-tech startup, positioning them for growth and impact in the education sector.


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