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UAE-based Thiqa Tutoring Secures $300k Funding

Thiqa Tutoring (TT), UAE’s first Tutors Providers, by customers, for educational and teaching services has received $300k Funding from Hope Ventures, the investment arm of Bahrain’s Hope Fund, alongside private sector investors Mashael Fairooz, founder of JEO Capital, and angel investor Dr. Lamya Mahmood, the CEO of Dr. Lamya Group, during Beban TV show.

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Thiqa Tutoring’s growth will be accelerated by this funding, which will also strengthen its position in the industry. Hope Ventures trains organizations around the world to raise up thriving businesses in underserved communities. Hope Ventures specialize in customized business programs and personalized coaching to help organizations and local communities overcome poverty through thriving businesses. 

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Hamdan Karmustaji, co-founder and CTO of Thiqa Tutoring, commented on their investment by saying: “Our journey with Thiqa Tutoring started modestly with a small team and significant challenges. Today, just 3 months after filming the episode, Beban (doors) opened to us with the trust of 3 investors. The excitement propelled us to where we are now, with our team exceeding 100 employees. We remember our past with love and pride; the journey has been and continues to be challenging, and we are grateful for every moment of despair and every challenge we have overcome. We are proud of our positive impact on our students and teachers. We are full of Thiqa (confidence) in continuing our role in redefining private tutoring through quality and innovation.”

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Khalifa Fund for Enterprise Development (KFED) has partnered with Beban as the Emirati Country Partner. The Chief Executive Officer of KFED, Her Excellency Alia Abdulla AlMazrouei, commented on the occasion: “We are thrilled to announce our high expectations for the participation of Khalifa Fund entrepreneurs. This collaboration not only showcases our commitment to innovation but also underscores our belief in the immense potential of our local business community. Throughout this season, we proudly introduced five nominated projects by Emirati entrepreneurs, each representing the epitome of visionary thinking. These outstanding innovators from the UAE progressed to showcase their ventures to a distinguished panel of regional investors on television, captivating millions of viewers. We look forward to seeing our entrepreneurs’ sustained success and expansion of this esteemed platform.”

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About Thiqa Tutoring

Founded in 2022 by Hamdan Karmustaji and Omar Bakri, Thiqa Tutoring takes great pride in being a UAE-born brand that embodies the very best in international educational and teaching methodologies and standards. Thiqa Tutoring – the Uber for Education! It’s revolutionized the tutoring experience, making it as easy as hailing a ride. It’s platform ensures every student and tutor enjoys a seamless journey from start to finish.
We go beyond mere matchmaking.

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