Egyptian Edtech Startup OTO Courses Raises Six-Figure Investment
Summary
Egyptian startup OTO Courses has raised an undisclosed six-figure (USD) investment in a bridge round for its English-language learning platform. The startup offers online English-language tutoring at both beginner and advanced levels to individuals and businesses. “The company addresses a massive gap in the market, is led by an empathetic and brilliant management team, and has built a differentiated leading-edge technology platform that clearly sets it apart. We’re excited to continue supporting the company in the next phase of its exponential growth.” In addition to tutoring, OTO has recently launched DardshEnglish, a platform for users to book practice sessions with tutors where they can put their skills to the test and apply the language. “This ranges from general topics such as travel or food to more specific topics such as marketing or tourism, and that is what DardshEnglish helps with.” With the help of this recent investment, OTO aims to develop the platform and services to reach a wider pool of users wishing to learn English while most, if not all, educational centres remain shut due to the COVID-19 outbreak.