Bangladesh’s 10 Minute School, a prominent Edtech platform for K12 and skills development, has successfully closed its Pre-Series A funding round, raising BDT 0.61 billion, a remarkable achievement in its mission to offer high-quality and affordable education to numerous students across the nation.
The leading investors in this round were Conjunction Capital, a venture capital firm, and returning investors including Peak XV’s Surge, the Sovereign venture fund of the Bangladesh Government, Startup Bangladesh Limited, Kunal Shah (Founder & CEO of Indian Unicorn CRED), Sajid Rahman (Managing Partner of MyAsiaVC), and several other local angel investors.
This funding marks a significant milestone for Bangladeshi startups, making it the highest seed-stage funding ever, bringing 10 Minute School’s total funding to BDT 0.78 billion.
Co-founder and CEO of 10 Minute School, Ayman Sadiq, expressed their commitment to democratizing education, stating that the funding not only validates their mission but also empowers their efforts to have a lasting impact on K12 and skills development in Bangladesh.
Kirill Kozhevnikov, Managing Partner of Conjunction Capital, praised the partnership, emphasizing their confidence in reshaping the education landscape in Bangladesh through this investment. He highlighted 10 Minute School’s team’s passion and innovative drive as key to this collaboration.
Sami Ahmed, Managing Director of Startup Bangladesh Limited, spoke about their commitment to catalyzing positive change and continued support for 10 Minute School’s journey to build the Education Stack of Bangladesh.
Startup Bangladesh Limited, a government-backed venture fund with $50 million, joined 10 Minute School to endorse the government’s commitment to supporting the startup ecosystem, particularly in the education sector, as it plays a pivotal role in shaping the next generation of Bangladesh toward a Smart Economy.