Jenina Ibañez · · 1 min readHK think tank’s edtech venture bags $1m in pre-seed round
Gift.ed, an edtech startup incorporated in Singapore, has bagged US$1 million in pre-seed funding from investment holding company IMC Pan Asia Alliance.
Janet Teo (CEO, GIFT.ed) and Chandran Nair (Global Institute For Tomorrow Founder and GIFT.ed Chairman) | Photo credit: GIFT.ed
The online education platform is a venture of Hong Kong-based think tank Global Institute for Tomorrow (GIFT) and will be set for beta launch in the second quarter of 2023. It will incorporate the think tank’s existing publications and executive education curriculum, which is based on 15 years of leadership programs and workshops.
Gift.ed’s educational content will also be based on insights from GIFT’s projects in agribusiness, fintech, and healthcare, among others. To personalize corporate education, the platform will match the client’s organizational goals and interests with relevant content.
Gift.ed CEO Janet Teo is leading the company’s operations out of GIFT’s regional office in Kuala Lumpur. The platform will be launched amid a growing corporate e-learning market, she said.
GIFT plans to tap its existing client pool to test the platform, with some already involved in platform design and course development.
See also: Why Southeast Asia’s edtech sector is in a class of its own
Editing by Miguel Cordon and Jaclyn Tiu
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