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Elevating MENA's Edtech Scene: Dars' Noor Boodai Believes Anticipating The Market's Needs Is Crucial

February
17, 2021
9 min read
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You re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
This article is part of a series on pioneering entrepreneurs in Kuwait that Entrepreneur Middle East has built in collaboration with
. Kuwait Finance House is considered a pioneer in Islamic finance or Sharia’a compliant banking, with it being the first Islamic bank established in 1977 in the State of Kuwait, and is today one of the foremost Islamic financial institutions in the world.

As the COVID-19 pandemic takes its toll on everyday life, the edtech market has proven to be agile with entrepreneurs building tech solutions to make sure students aren’t left behind. Dedicated to the digital transformation of the sector, Kuwait-based startup Dars aims to elevate the level of education in the Arab world with up-to-date educational content that is accessible and availab ....

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India- Byju's might acquire Edtech start-up Toppr for $150 million | NewsBytes

Indian Edtech giant Byju s is closer to acquiring rival Toppr in a deal pegged at approximately $150 million. Both Byju s and Toppr cater to the burgeoning K-12 (Kindergarten to Class 12) education space. ....

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Unacademy acquires TapChief to help students get their dream jobs – its seventh acquisition in the last one year

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Unacademy acquires TapChief to help students get their dream jobs – its seventh acquisition in the last one year
Unacademy acquires TapChief to help students get their dream jobs – its seventh acquisition in the last one year
Sanchita DashFeb 16, 2021, 15:48 IST
BCCL
The deal valued TapChief at ₹100 crore, with all investors getting an exit and the entire team will be joining Unacademy.
TapChief founded in 2016 by BITS Pilani Alumni, Shashank Murali, Binay Krishna, and Arjun Krishna, helps students and professionals interact with experts and also work with them.
In September 2020, Unacademy entered the unicorn club and further raised funding in November at a valuation of over $2 billion.Indian edtech unicorn Unacademy today announced that it is acquiring a majority stake in TapChief, a Bengaluru-based professional networking startup. The deal valued TapChief at ₹100 crore. All of TapChief investors, including Paytm’s Vijay Shekhar Sharma, C ....

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Edtech startup Eupheus Learning raises $4.1 million from Kuwait-based firms

Edtech startup Eupheus Learning raises $4.1 million from Kuwait-based firms
The Indian edtech market is expected to grow 3.7 times to become a $10 billion opportunity by 2025, says an expert.
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BENGALURU: Edtech startup Eupheus Learning has raised $4.1 million in a Series B funding round, led by Kuwait-based United Education Company (UEC) and Al Rayan Holding Company (ARHC) in which UEC holds a majority stake.
Last year, the four-year old, Delhi-based firm raised $4.3 million in equity and debt funding led by Yuj Ventures, the family office of Sid Yog, founding partner of The Xander Group.
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How will Byju's, WhiteHat Jr, Vedantu survive once schools reopen — Quartz India

February 15, 2021
The Covid-19 pandemic has set off a golden era for India’s ed-tech startups. But if current trends are anything go by, this party won’t last forever.
In March 2020, when the Covid-19 outbreak started in India, the country’s largest ed-tech platform Byju’s saw six million new students join its courses. The following month, another 7.5 million came on board. Byju’s rival Vedantu, which hosts live online classes for school kids, clocked 75 million hours of content consumption in 2020 with 6.3 million students across the K-12 category and competitive exams prep accessing its material.
The strong momentum helped several startups in the sector attract fresh investments, raising a total of $2.22 billion(Rs220 crore) in 2020. While Youtube channel-turned-startup Unacademy became a unicorn, the momentum also led many new entrepreneurs to jump on the ed-tech bandwagon. Of the 92 ed-tech startups that received funding in 2020, at least 61 were seed-l ....

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