- Two companies sign MoU at Saudi Arabia’s flagship technology, innovation event
Pakistani edtech startup Edversity has secured a strategic investment from Rapidev Group at LEAP 2026, marking a major step towards expanding its AI-powered education platform across Saudi Arabia, the Gulf Cooperation Council (GCC) and international markets.
The two companies signed a memorandum of understanding (MoU) at Saudi Arabia’s flagship technology and innovation event, outlining a strategic partnership focused on technology, education and workforce development.
The signing ceremony was attended by Federal Minister for Information Technology and Telecommunication Shaza Khawaja.
According to Edversity, the partnership will provide the startup with access to capital, engineering capabilities, operational expertise and international networks to support its next phase of growth.
Through BridgeStart Pakistan, Edversity has also received support for its expansion into Saudi Arabia, including participation in The Garage acceleration programme. The initiative helped the startup gain access to Saudi Arabia’s technology ecosystem, market opportunities, business networks and potential pathways for scaling.
Founded in Pakistan in 2021 and supported by Ignite under the Ministry of IT and Telecom, Edversity has trained more than 12,500 learners in artificial intelligence, cybersecurity, cloud computing, data, blockchain and other emerging technologies.
The startup said its placement outcomes had exceeded 70% across selected cohorts.
Rapidev said the strategic investment would support Edversity’s international expansion and the continued development of its AI-powered education platform.
“This MoU marks an important step towards strengthening collaboration, fostering innovation and creating new opportunities for the future,” Rapidev said in a LinkedIn post.
Edversity said the partnership reflected growing confidence in Pakistan’s technology and education ecosystem and demonstrated the potential of Pakistani startups to develop solutions for international markets.
The startup’s team participated in LEAP 2026, engaging in discussions on the future of AI education and workforce development while exhibiting alongside Rapics and Owlsense as part of the Rapidev Group of Companies.
Held in Riyadh from August 31 to September 3, LEAP 2026 brought together technology leaders, startups, investors, policymakers, and innovators from around the world.
Rapidev Group develops and produces intelligent software and safe hardware.
Reference Link:- https://www.brecorder.com/news/40437762