Dubai: Another Indian edtech startup is expanding its UAE presence, with Allen Career Institute launching two academic centres in Abu Dhabi and Sharjah for K12 students and those preparing to take up engineering or medicine as a career choice.
It was recently that ACI received a significant boost – a $600 million one – from Bodhi Tree Systems to build its credentials as a test-prep service provider. Part of the investments was also to drive overseas expansion, which the company is doing with the UAE move.
Allen has a pan-India footprint with a growing presence in Middle East through 138 classroom centers in 46 cities. India's edtech scene is a hotbed of investment activity, with Byju's leading the way through its association with Mark Zuckerberg of Meta.
According to Govind Maheshwari, Director at ACI, “Since its inception, Allen has focused on providing high quality education to students to help them achieve their highest potential and fulfil their career aspirations. In the process, we have helped create hundreds of thousands of doctors and engineers, who contribute to building India and the society of today.”
A recently launched investment platform, Bodhi Tree Systems represents a venture between Lupa Systems CEO James Murdoch and Uday Shankar, the former president of The Walt Disney Company Asia-Pacific and former chairman of Star and Disney India. Bodhi Tree Systems will leverage its 'founders’ shared track-record of building iconic consumer businesses to build Allen into a world-class digital education business of the future'. (Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar, is an investor in Bodhi Tree Systems.)
Our partnership with Bodhi Tree will not only help us scale our Indian operations through technology but also fuel our growth journey in the Middle East
