Egypt-based edtech startup El Kheta has raised a $400,000 investment from EdVentures, the investment arm of Nahdet Misr Group and the first VC company specialising in the educational technology sector in Egypt.
This investment is part of EdVentures’ commitment to supporting entrepreneurs and startups in the educational technology sector, enhancing innovation in this vital sector, contributing to job creation, and driving economic development in the country.
Dalia Ibrahim, Founder and Chairwoman of Nahdet Misr for Entrepreneurship EdVentures, said: “We firmly believe in the potential of the ‘El Kheta’ platform to revolutionise the online education sector in Egypt, especially with its educational services for school students. We are on the path and committed to supporting talented entrepreneurs in the educational technology sector and will help them achieve their vision of creating a better and easier educational experience for everyone.”
Founded in 2019 by Mohamed Mahmoud, El Kheta platform allows students to tailor their preferred curricula and create a study plan that suits their needs.
It offers reinforcement lessons to help school students in Egypt study, as well as providing them with exercises and exams from the new Egyptian curricula, helping students improve their academic performance and achieve success.
The platform’s services include reinforcement lessons, exams from Egyptian curricula, interactive educational videos, homework, and direct communication with teachers.
Currently there’s a rising demand for innovative educational solutions in the Middle East, driven by the need to improve educational outcomes and bridge gaps in the traditional education system. EdTech startups are capitalizing on this demand by offering a wide range of digital learning tools, platforms, and services.
EdVentures is a strong supporter of entrepreneurship in Egypt and the Arab region. This contribution aims to empower youth and expand the scope of online education opportunities for school students in Egypt.