Egyptian EdTech Startup 'El Kheta' Receives $400K Boost from EdVentures

Egyptian EdTech Startup 'El Kheta' Receives $400K Boost from EdVentures

By Press Release 03 July 2024

"EdVentures," the investment arm of Nahdet Misr Group and the first venture capital company  specializing in the educational technology sector in the Middle East, has announced an  investment of $400,000 in the online education platform "El Kheta."

This contribution comes as 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.

"El Kheta" is an innovative educational platform that 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 "El Kheta" platform offers students a customized and flexible educational experience, where  they can choose their preferred curricula and create a study plan that suits their needs. The  platform's services include reinforcement lessons, exams from Egyptian curricula, interactive  educational videos, homework, and direct communication with teachers.

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.

Dalia Ibrahim, Founder and Chairwoman of Nahdet Misr for Entrepreneurship EdVentures, said:  "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."

---

Send us your press releases to shareyournews@lucidityinsights.com

Related Report

Investing in Egypt’s Startup Ecosystem

Micro, Small and Medium Enterprises contribute over 40% to Egypt’s economy, and account for over 75% of the country’s total employment. Entrepreneurship is critical to Egypt’s future. Today, Egypt consistently ranks as a top 3 tech startup ecosystem in both the MENA and Africa regions, based on funds raised by local startups. In this special report, we speak to the most active investors in Egypt and cover some of the country’s most successful startups to give you an inside scoop on how they are navigating the current VC winter, inflationary pressures and currency devaluation woes.

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems