UAE - Sharikat Mubasher: The UAE-based edtech platform Thiqa Tutoring secured a $300,000 investment from Hope Ventures, the investment arm of Bahrain’s Hope Fund, JEO Capital, and angel investor Lamya Mahmood, a recent statement unveiled.
Thiqa Tutoring secured this investment through the seventh episode of the entrepreneurship-themed reality television show, Beban.
The platform offers tutoring services across the UAE with a strong focus on quality supervision, end-to-end management, and personalized consultations for students.
Hamdan Karmustaji, Co-founder and CTO of Thiqa Tutoring, said: “Our journey with Thiqa Tutoring started modestly with a small team and significant challenges. Today, just 3 months after filming the episode, Beban (doors) opened to us with the trust of 3 investors.”
For his part, Aymen Almoayed, Chairman of Hope Fund, stated that the infusion of capital and expertise will catalyze Thiqa Tutoring’s expansion and success in the market, exemplifying the power of private-public partnerships in driving entrepreneurial growth within the region.
