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Tuesday, 8 October 2019

E-learning platform Al Mentor raises USD 4.5 mn in Series A funding led by Sawari Ventures

STARTUP WATCH- Dubai-based e-learning platform Al Mentor has raised USD 4.5 mn in a series A funding round led by Egyptian VC firm Sawari Ventures, with participation from Egypt Ventures, Endure Capital, and angel investor Mohamed El Amin. This brings its total funding raised to USD 8 mn, Sawari said in a statement (pdf).

Tailored online content for an Arabic-speaking audience: Launched in 2016, Al Mentor provides personal development content to Arabic speakers, with topics that include health, technology, humanities, entrepreneurship and business management. The talks are available to watch without charge, but the courses, which are delivered by mentors, need to be purchased — either as standalone products or in bundles. The company plans to use its funding to further the development of its courses and to expand its roster of mentors.

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