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Edtech Startup Abwaab Acquires Pakistan’s Edmatrix Marking First Move into Wider Asia
Amman, Jordan Abwaab, the Jordanian-born smart online learning platform, today announces its acquisition of Edmatrix, a Pakistani-based social e-learning platform founded in 2020 by ex-Uber executive Raja Ahmed Shuja. This marks the startup’s first move into the wider Asian market, after having recently announced the ramping of its operations in Egypt. “Our mission to provide…
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Edtech Startup Abwaab Closes $5.1M USD Seed Round Paving the Way for Regional Growth
Amman, Jordan Edtech startup Abwaab today announces the closing of its $5.1M USD seed round, bringing its total funding to $7.5M USD. Investors who participated in the round include 4DX Ventures, BECO Capital, EQ2 Ventures, Foundation Ventures, GSV Ventures, and Spartech Ventures. With eyes set on new markets, the Jordanian-based edtech startup plans on using this funding to fuel its regional expansion, kicking…