Recently, the startup has raised $8.6 million through series A financing round to enter India on its platform that appeals to the masses.
Noon Academy, the Saudi-based leading education technology startup, is entering India to disrupt its EdTech space on the social learning app. Recently, the startup has raised $8.6 million through series A financing round to enter India on its platform that appeals to the masses.
The fresh capital will be used by the company to build its engineering and product teams, double down on growth in its existing markets, and launch into new markets including India.
Noon Academy has more than 2 million students and 1,500 certified tutors in Saudi Arabia and Egypt. It has transformed into a full-fledged social learning platform that allows students to study with friends in groups, compete with one another, and request tutors on demand.
Mohammed Aldhalaan, Co-founder and CEO, Noon Academy, said, “The biggest issue in studying is not comprehension; rather, it's boredom, and that is where Noon Academy's unique social learning platform achieves what others cannot.”
“Noon is transforming into an open platform, where teachers around the world can start their own educational groups, allowing exceptional teachers to organically cultivate their own following and generate additional income through excellent performance and positive reviews. This approach not only dramatically improves student motivation, but also allows exceptional teachers to teach thousands of students in one group, making high-quality education accessible and affordable to the masses,” he added.