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IoT-Kids, Iraq-based children’s online learning platform for programming, announced that it has secured five-figure investment from the leading ISP provider in Iraq; Earthlink Telecommunications through the Iraqi Angel Investors Network via IAIN member Dr Ala’a Jasim.
The funding also included a matching $20,000 grant from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH via its project “ICT for Youth in Iraq” as part of the organization’s support to the Angel Network.
The latest investment does not only provide the company with the growth capital needed to support its tech platform and further ground its position in the market but more importantly provides educational depth and network potential for the platform.
Founded in 2015 by Mohammad Khaled and Ali Taher, IoT-Kids is a provider of programming courses for schools across the country. The platform offers online courses for 5-15 year olds in game design, robotics, programming, electronics and artificial intelligence. The startup has the largest community in Iraq for children, and it currently operates in 9 different cities across the country.
The company’s goal is to eliminate children’s addiction to smartphones and encourage children to use technology in the right way in order to innovate and invent at an early age. It’s vision is to empower the new generation to implement creative thinking skills and develop the necessary capabilities for research, production and communication.
Speaking about the latest fundraise, Co-founder and COO of IoT-Kids, Ali Taher, said,
“We are very excited to have Earthlink as part of our journey, the funding will help us expand our online platform, marketing efforts and in due course expand outside of Iraq to other countries in the region.”
IoT-Kids has launched its online platform in 2019 to provide its users with digital versions of its courses. The company boasts a digital community of more than 200,000 users and has had more than 10,000 students complete its courses.
Deputy CEO of Earthlink Telecommunications, Dr Ala’a Jasim, added:
“Earthlink’s commitment to building strong internet infrastructure in Iraq derives from its vision to be the technology driver of Iraq’s future, and we already come a long way evolving from an internet service provider to an internet economy enabler. Our investment into IoT Kids echoes our strategy and we see a great potential in IoT Kids vision to raise a new tech enabled-generation.”
The startup has won multiple local and international competitions including that of the Falling Walls Foundation in Germany, the World Summit Awards, and first place awards as an Iraqi startup for Seedstars in 2019. IoT Kids has recently graduated from the Takween Accelerator Program; a Yanhad project implemented by the American University of Sulaymaniyah.
Commenting on the investment, CEO of Kapita, Mujahid Waisi, said,
“We are very happy to see locally established businesses play an increasing role in supporting the private sector through actively investing into the local Iraqi ecosystem.”
Ali Al Suhail, Network Manager for the Iraqi Angel Investors Network concluded,
“IAIN key mission is to enable investments into Iraqi businesses, our members engaging in corporate ventures is a positive indicator of established businesses and startups working together to enable disruption.”
IoT-Kids equips children with the knowledge and skills needed throughout their lives to solve the problems of the twenty-first century and beyond.
About the Author
Author: Shalini Pathak
Shalini Pathak is a Staff Writer at EdTechReview (ETR) – India’s leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she’s an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.Like what we do?
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The pandemic ushered in an entirely new way of life for students: remote learning.
Students went from the classroom to their own homes, watching their teachers provide lessons from their computer screens in order to stay safe during such uncertain times. Remote learning was originally supposed to be a temporary fix, but many students spent over a year attending online classes. Some of these students saw their grades drop due to a lack of hands-on learning, while other students thrived with more independent work. This highlighted the fact that there are many students who do not fit into the mould of traditional school teaching and that there is a desperate need for a solution for these students.
After the pandemic, 42% of teens stated that they would prefer to attend high school virtually. 37% reported a desire for a hybrid model, but only 19% of students preferred a fully in-person school. Teens and their families report many different reasons for preferring a virtual learning experience, the most common reasons being a safer environment that led to less bullying, more family involvement in the learning experience, and providing a more flexible schedule. 60% of Americans believe that the traditional education system is failing today’s students – so what is the solution?
Professionally designed virtual schools offer a new learning design that fits the online model that teens prefer while also teaching the skills and lessons that students need to succeed. This new way of learning provides the flexibility that families prefer with virtual learning and is more time effective with online learning taking 40 to 60% less time than online formats. Virtual learning models also led to better performance in their students than face to face schools and are more future-focused with 1 in 2 faculty members believing online education is the future of learning.
Virtual schools are seeing great success in their students because they are providing the skills that students need via an accessible and comfortable model online. The most in-demand job skills in this day and age are analytical thinking and innovation, active learning and learning strategies, and creativity. Virtual schools push for students to learn new relationships between facts, question everything to discover the unknown, and change their focus in order to overcome new challenges. These focal points of their education model train students for the skills they will need in the workforce and lead to overall better performance.
One of the fundamental aspects of professionally designed virtual schools is the focus on deeper learning without grades. Grades often foster an ineffective relationship with school because students put in just enough work to earn their desired grades. This changes the focus to grades rather than the information that students are learning. Grades also create stress and higher stakes with 80% of students believing their parents care more about their grades than their happiness. Instead of grades, professionally designed virtual schools focus on descriptive feedback and mentorship in order to help students improve rather than giving letter grades. This fosters better behaviour in students both in school and at home and leads to better motivation in students to learn.
Some students still benefit from hands-on learning, and the best part of these new virtual schools is that many offer in-person classes and lessons, but they are optional meaning that students can choose to go if they think they will benefit but will not be punished if they choose not to attend. This in-person element provides strong social engagement for the students that need that aspect in school but does not force it onto students who do not feel comfortable in the social environment that school can have.
The beauty of online school and hybrid modelling is that there are many different ways that the curriculum can be modelled in order to fit all students’ needs. Some students need more hands-on and project learning, while others thrive with independent work. Some students really need social engagement in schools while others can feel anxious or nervous in that environment. Professionally designed online schools provide a safe learning environment for all students no matter their needs while also providing the skills that they need to succeed in this new post-pandemic world. Students are our future, and it should be our highest priority to ensure they are receiving the best education they can.
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The Indian ed-tech market was already growing before the pandemic hit, however, with the coronavirus, the sector’s growth accelerated at a significant pace.
Even in the present times, the sector is booming and is expected to have a promising future. As per Statista, the Indian ed-tech segment was valued at $2.8 billion last year and is projected to leapfrog and hit the $10.4 billion mark by the end of 2025. In fact, with its widespread acceptance both across the customer base and the investor circles, ed-tech is now a mainstream sector of the economy. It should come as no surprise then that the impact is also trickling into the job market and changing the hiring landscape of the country.
Ed-tech platforms have also played a major role in generating various career opportunities. Given the dependence on technological advancement, constant ideation, and development, a career in the edtech space requires young talent with leadership skills. Unlike earlier, when one had to be an educator to be in the education sector, new-age edtech companies don’t have the same entry barriers. From growing their sales force, marketing armies to their content and social media teams, they are on the lookout for people interested in shaping the Indian education framework. A graphic designer and a teacher now work together with an app developer to make a basic maths lesson an adventure for a student. All our welcome – if this is not an interesting development, then what is?
A key driver of the edtech boom in India has been the exponential growth of the armies of salespeople that the big edtech firms have been hiring. The salesforce of each of these companies has an uphill task. This is where unconventional sales strategies come into place, along with attractive incentives to inspire employees to constantly sell the products. Despite the hard-sell tactics, rigorous client profiling, and unattainable targets, the edtech start-ups seem to be making up for it all with glamorous signing bonuses and commission-based salary packages, and too good to ignore deals that have people flocking to join the edtech sales revolution. Several companies have added an on-field sales force to their existing online sales team.
Ed-tech has ushered in an era where new job roles are created at an unprecedented speed. Various new-age roles such as career mentors, virtual lab instructors, student engagement executives, concept artists, parent relationship managers are now getting mainstream acceptance. Apart from these, creative and technical job roles such as content creators, academicians, app developers, technical architects, program managers, coding experts, cloud infrastructure managers, machine-learning engineers have also gained prominence and are considered to be viable career avenues. That is yet another beauty of the space, it is bringing in new adventures while also being heavily reliant on the traditional skills that the current workforce possesses. New, but in tandem with the old – meaning game-changers are seen in hoards.
Apart from creating employment opportunities, the ed-tech segment is also playing a pivotal role in bridging the skills gap that exists in the market. The ed-tech companies are well aware that in this ever-evolving world, tech-savvy talent will have a competitive edge in the market. Hence, they are helping in making students future-ready by offering them high-end educational experiences in the up and coming fields that will rule our future. They have an ever-evolving collection of curated specialized courses across disciplines that are also appealing to the current workforce. Upskilling is now so easy, that we should be ready to see a lot more career switches in the near future and the years to come. Certain skill-based education courses have improved the hiring space by creating a pipeline of work-ready talent.
In conclusion
While the Indian ed-tech sector has generated thousands of employment opportunities, it has also paved the way for the upskilling and reskilling of our current workforce. An employee of one edtech firm may very well be a customer of another. The edtech wave is a force to reckon with – to think that only a smartphone and an internet connection can equip people to change their careers, or climb up the ladder in their current career paths, is a complete game-changer. While the Indian ed-tech sector has generated thousands of employment opportunities, it has also paved the way for the upskilling and reskilling of our current workforce. An employee of one edtech firm may very well be a customer of another. The edtech wave is a force to reckon with – to think that only a smartphone and an internet connection can equip people to change their careers, or climb up the ladder in their current career paths, is a complete game-changer.
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