*Data updated daily at 18:00 EAT
Egyptian startup Tyro, an ed-tech platform connecting students with qualified instructors through one-to-one and group sessions, has acquired Nafham, a social startup that offers free crowd-sourced educational content, under a share-swap agreement. The acquisition agreement sees Tyro’s leadership taking over Nafham’s management and operations, with the aim of enhancing the customer experience of Nafham’s six million users. Tyro will be the overall holding company and will continue to deliver live tutoring services as well as extend technology capabilities to the group.
Tyro is an online tutoring platform that connects students with top professional instructors and is currently operating in Egypt, the United Arab Emirates (UAE), and Saudi Arabia. Nafham has built an online platform that provides school curriculum and life skills content. Tyro has also secured funding for the new entity from several investors including, Flat6Labs and NXL Partners.