Egyptian online educational platform El Kheta has received US$400,000 funding from EdVentures an investment arm of Nahdet Misr Group, and the first venture capital company dedicated to ed-tech in the Middle East.
El Kheta is an advanced method of education that assists school students in Egypt in studying and provides them with lessons and exercises and tests in accordance to the new Egyptian curriculum to enhance the performance of students and assist them in being successful.
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The platform allows the students to select their favourite curricula and have a study plan that they desire depending on their excellence.
El Kheta has now secured a US$400,000 round of funding from EdVentures, the first ed-tech-focused corporate venture capital fund in Egypt, to assist the company in expanding.
“We firmly believe in the potential of the El Kheta platform to revolutionize 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,” said Dalia Ibrahim, the founder of Nahdet Misr for Entrepreneurship EdVentures.
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