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Home BUSINESS

UAE-based Startup Thiqa Tutoring Raises USD300k in Funding

Stefanno Martin by Stefanno Martin
June 16, 2024
in BUSINESS
Reading Time: 1 min read
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UAE-based Startup Thiqa Tutoring Raises USD300k in Funding

•  Hope Ventures, the investment arm of the Hope Fund, co-invested in ‘Thiqa Tutoring’ through the Beban platform.

•  ‘Thiqa Tutoring’ is an ed-tech platform offering tutoring services in the UAE, emphasizing quality supervision and personalized consultations for students.

•  The co-investment round raised $300,000 with participation from Hope Ventures, Mashael Fairooz of JEO Capital, and angel investor Dr. Lamya Mahmood.

Hope Ventures, the investment arm of the Hope Fund, announces its participation in the co-investment round for ‘Thiqa Tutoring’ via the seventh episode of the entrepreneurship-themed reality television show and the region’s pioneering private-public investment platform, ‘Beban’, according to a statement.

Thiqa Tutoring, an ed-tech platform providing tutoring services throughout the United Arab Emirates, prioritizes quality supervision, comprehensive management, and personalized consultations for students.

Co-founded by Hamdan Karmustaji and Omar Bakri, the company secured $300,000 from Hope Ventures, along with contributions from private sector investors including Mashael Fairooz, Founder of JEO Capital, and angel investor Dr. Lamya Mahmood, CEO of Dr. Lamya Group.

Hope Ventures specializes in investing in scalable businesses with visionary founders committed to driving innovation and value in their respective industries.

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Stefanno Martin

Stefanno Martin

Co-Editor of Latin & Gulf News. Since beginning my journey in journalism in 2004, I’ve dedicated my career to exploring and reporting on the evolving relationship between Latin America and the Gulf region. Through my work, I aim to connect cultures, highlight business opportunities, and share the stories that shape our shared future.

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