Back to the complete issue
Wednesday, 6 January 2021

Hit the books

Book summary and education platform Akhdar has raised a six figure sum from Nahdet Misr Publishing House’s venture capital arm, EdVentures, to add new learning tools to its app and improve its user interface, Wamda reports. EdVentures’ seed funding will be used to create an interactive gaming function and “to enrich the readers community with a smart and fun learning experience,” said EdVentures founder and Nahdet Misr CEO Dalia Ibrahim. Akhdar, which was founded in 2017, offers simplified audio and video explainers for “people who don’t have time to read,” according to co-founder Mohamed Osama. Akhdar currently offers educational resources for books across 16 genres.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.