Interactive Cares, a Dhaka-based educational technology startup, recently achieved a significant milestone by securing a $100,000 grant from the prestigious Open Campus Accelerator. This funding will boost the company’s innovative projects in artificial intelligence (AI) and blockchain technology.
Interactive Cares was selected to participate in the fourth cohort of the highly competitive accelerator program, standing out among numerous promising startups. The non-dilutive grant will help the company advance its initiatives focused on employability training and career advancement through cutting-edge solutions.
The Open Campus Accelerator is known for its robust support system tailored for edtech startups. Over six weeks, participants receive mentorship, resources, and networking opportunities, delving into transformative technologies like the metaverse and decentralized finance (DeFi). This guidance helps startups like Interactive Cares refine their growth and innovation strategies.
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A highlight of the program is the demo day, where startups present their projects to potential investors and partners, opening doors for further funding and collaborations.
Founded in 2020, Interactive Cares has quickly become a key player in Bangladesh’s edtech scene, offering a wide range of online courses in web development, digital marketing, and test preparation. The company’s strategic partnerships with industry stakeholders help students transition smoothly into the workforce.
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Interactive Cares is also a pioneer in using AI and blockchain for educational innovation. By leveraging distributed ledgers for credentialing and AI-driven personalization of educational content, the company aims to create a more accessible and tailored learning experience.
Rare Al Samir, co-founder and CEO of Interactive Cares, expressed gratitude for the support from Open Campus Accelerator. “We are honored to be selected for the OC accelerator and receive this $100,000 grant,” he said. “It provides crucial investment, mentorship, and global connections as we work to realize our vision of using AI and blockchain to create accredited, verifiable, and personalized workforce development solutions and programs.”
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With over 300,000 registered learners on its platform and a total of $700,000 raised from investors like Accelerating Asia, Flagship Ventures, and SuperCharger Ventures, Interactive Cares is poised to revolutionize education and empower learners for the future.