Riyadh – Exclusive Sharikat Mubasher: Hamad Altuwayjiri, CEO of Modakkir, told Sharikat Mubasher that the platform is an EdTech company providing advanced technological solutions for Qur’an memorization and Arabic language learning, with qualified teachers available around the clock through its app and website.
Since its launch in 2020, Modakkir has attracted over 1.5 million users across 150 countries, supported by a network of more than 3,000 teachers, allowing learners to study in their preferred language.
Speaking on the sidelines of the Biban 2025 Conference, Altuwayjiri noted that Modakkir began its journey in Saudi Arabia and has since expanded into the GCC, as well as the UK, US, Canada, and Australia. The company now plans to enter Indonesia, Malaysia, and Singapore this year, in collaboration with the Saudi Export Development Authority (SEDA).
Altuwayjiri revealed that Modakkir was recently recognized by the Gulf Cooperation Council (GCC) as the Best Project, in addition to receiving the King Khaled Award, representing Saudi Arabia at the Entrepreneurship World Cup, and being listed among the world’s top 25 fastest-growing projects.
He praised Monsha’at and its affiliates for their continued support in empowering Modakkir to achieve these milestones, noting that this marks the company’s fourth participation in the Biban Conference.
Altuwayjiri concluded by announcing that Modakkir has recently closed a seed funding round exceeding SAR 10 million and is preparing to launch a Pre-Series A round next month to accelerate its expansion into AI-driven EdTech solutions.
Organized by Monsha’at, Biban 2025 took place from 5 to 8 November in Riyadh with the theme ‘A Global Destination for Opportunities,’ bringing together startup founders, investors, global CEOs, policymakers, and thought leaders.
The forum welcomed over 200 local and global speakers and 1,000 exhibitors from 150 countries with the aim of sparking strategic partnerships, unveiling new agreements, and creating financing, training, and advisory solutions to accelerate the growth of startups and SMEs.