Kuwait-based educational technology startup Baims announced that it has received 4 million dollars in Series A round. The round, in which the Kuwait-based startup received investment, was led by Ak Holding. Al-Wazzan Educational Group and Rasameel Investment House participated in the round. The Kuwait-based startup operates in Kuwait, Bahrain and Jordan as well as Turkey. Baims, known as an ed-tech startup, was founded in 2017. Founded by Bader AlRasheed and Yousef Alhusaini, the name of the startup comes from the phrase "Big Aims".
The startup offers university students recorded lectures online. The aim of the startup's system is to digitize the offline lecture experience. Students will be able to learn the lessons on their own by following the system. All of the courses are available on Baims' official website. The mobile app is also available. Students can utilize the system as video lectures, quizzes, notes and live sessions.
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Baims Will Continue to Develop Educational Content
Baims has made it its mission to be accessible to both university and high school students in MENA. It is also on a mission to provide affordable education to students. Baims' platform prepares educational content at a fraction of the cost considering today's conditions. At the same time, expert educators serve in the system. Students can receive education wherever they want, without being stuck in the concept of time. The right to receive high quality education accessible to everyone is recognized by the system.
Baims CEO Yousef Al-Husaini made important statements about the investment they received. Yousef Al-Husaini stated that their vision is to provide affordable and accessible education to students in MENA. He added that they are very happy to receive investment support for this. He also explained why Baims, the abbreviation of Big Aims was considered as the name: "It was chosen because it is characteristic of young people, especially university students, who set big goals for the future with all their life and opportunities in front of them." With the investment, the Kuwaiti startup will accelerate the development of its platform. It aims to increase marketing efforts and work towards the development of new educational content and services.
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