Dubai-based edtech platform SecureMyScholarship has secured USD 550k in a bridge funding round, raising the company’s valuation to USD 6 mn, according to a press release. The funding round saw participation from Dubai-based venture capital firm Sabban Corp Investments, Boston Consulting Group Middle East’s managing director Kaustubh Wagle, and General Manager of the Devialet and Dyson brands at Chalhoub Group, Ramit Harisinghani.
Where’s the money going? SecureMyScholarship plans to use the fresh funds to expand its operations into India and to upgrade its platform.
About SecureMyScholarship: Launched in 2021, SecureMyScholarship goal is to improve education accessibility and affordability for students. The platform lists scholarship opportunities at 414 universities, including most private universities in the UAE, over 220 in the USA, and over 150 in the UK. The platform facilitates the application process for students by allowing them to apply directly through its website.