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Techstars-backed Nigerian edtech Klas raises $1M for global scaling of online teaching platform
Klas, a Nigerian-based online education platform serving customers globally, has raised $1 million from Ingressive Capital, Techstars.
The platform offers essential class components such as scheduling, payments, community features, analytics, and video conferencing, catering to various subjects from coding and design to finance, art, and languages. Today, Klas boasts a user base of over 5,000 online schools (creators), which have earned “hundreds of thousands of dollars” on the platform according to Nwachuku, and 300,000 learners spanning over 30 countries. Currently facilitating transactions in naira for Nigerian users and dollars for those outside Nigeria, the edtech startup aims to amplify its international presence, focusing on India, its second-largest market and North America, where the incumbent players in the industry have the bulk of their customer base.
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