$306,005,000+
*Data updated daily at 18:00 EAT
Egyptian online tutoring startup Orcas has been acquired by Baims, one of the leading Kuwaiti edutech companies, in a strategic move to help the latter capture the flourishing education market in the Middle East and North Africa (MENA). The acquisition of Orcas establishes the new organization as the go-to provider of a holistic and adaptive edutech platform, catering to both K12 and university learning.
Orcas is a one-on-one personalized tutoring platform designed to enhance the learning experience for students. Baims has also raised over USD 11 M, backed by prominent investors including Access Bridge Ventures, Algebra Ventures, NFX Ventures, AlWazzan Educational Group, Rasameel Investment Company, Seedstars International Ventures, and AK Holding, to help establish the new consolidated company as the number one edutech player in the MENA region.