10 Minute School Raises $2m in Seed Funding from Sequoia’s Surge
Summary
Dhaka-based ed-tech startup 10 Minute School announced that it has raised $2 million in a seed funding round led by Sequoia Capital’s Surge. With the fresh capital, 10 Minutes School aims to invest in product development, technology, and talent acquisition. Founded by Ayman Sadiq and his co-founder Abdullah Abyad Raied in 2015, 10 Minute School has built a mobile-first online learning platform and provides affordable and accessible quality educational content to school and college students, university admission test candidates, job-seekers, and people looking for specialized skills training. Education technology companies have seen accelerated growth and equally increased attention from investors across markets over the last few years. The fact that Shikho has raised new investment is a testament to this new market reality and that things are about to change for the vertical in Bangladesh.” 10 Minute School says it aims to democratize education in Bangladesh.