The new investment will be evaluated for the development of the platform used in Turkey.
Baims, an educational technology startup operating in Turkey and the MENA region, received an investment of 4 million dollars in the Series A Fund, led by the Kuwait-based investment company AK Holding, with the participation of Al-Wazzan Education Group, Rasameel Investment House and other investors. Baims CEO Yousef Al-Husaini said that they aim to use this investment to accelerate the development of the innovative platform, increase marketing activities, and develop new educational content and services.
Baims, an educational technology startup that provides affordable education to university and high school students in Turkey and the MENA (Middle East and North Africa) region, received an investment of 4 million dollars in the Series A Fund. Al-Wazzan Education Group, Rasameel Investment House and other investors participated in the Baims investment, which has been operating in Turkey since last year, under the leadership of the Kuwait-based investment company AK Holding.
Yousef Al-Husaini: “We are ready to make a significant impact on the future of education”
Regarding the investment, Yousef Al-Husaini, CEO of Baims, said, “Baims means Big Aims. A name chosen because it represents the grand aspirations of young people, especially college students. We are happy to have the support of our investors, who share our vision of providing both quality and financially accessible education to students living in Turkey and the MENA region, in order to contribute even more to this great goal. With our platform, we take an innovative step in online education and offer a rich education service that includes customized video lessons, live sessions, chat groups and interactive studies. With our user-friendly interface, we provide students with easy access to the content. We aim to use the funds we obtained from this investment round to accelerate the development of our innovative platform, increase our marketing activities, and develop new training contents and services. We are ready to make a significant impact on the future of education in our region with our innovative approach in education and our promises and goals to empower students.”
Abdullateef Al-Thuwaini: “We believe Baims will grow even bigger”
Abdullateef Al-Thuwaini, CEO of AK Holding, said, “We are proud to support Baims in the investment tour led by AK Holding. We have followed its remarkable and distinctive growth over the years, and we believe it will grow further to become a leader among educational technology companies in the MENA region. Baims stands out by offering a wide range of online courses to students. We have confidence in the CEO’s vision and believe it will lead the company to greater success. AK Holding highly values hardworking entrepreneurs such as Yousef Al-Husaini and his team. We will continue to support projects that add value to society.”
Founded in 2017 and started its Turkey operation in 2022, Baims; It aims to be with the students in their education life 24/7 with the course videos prepared specifically for the universities’ own curriculum. In this way, students can work directly on visa and final issues, solve the questions and ask the instructors about the places they do not understand. In addition to Turkey, Baims continues its activities in Kuwait, Saudi Arabia, Bahrain and Jordan in the MENA region.
