LCMA Ventures Joins 10 Minute School on Its Mission to Bring High-Quality Education for Everyone

From Left: Mr. Mehad ul Haque, Sr. Business Consultant & Project Manager of LightCastle Partners; Mr. Shoumik Shahriar, GM, Finance, 10MS; Mr. Zahedul Amin, Co-Founder, and Director, Finance, Strategy and Consulting Services of LightCastle Partners; Mr. Ayman Sadiq, Co-Founder, and CEO, 10MS; Mr. Sajid Rahman, Managing Partner of MyAsia VC; Ms. Anita Ghazi Rahman, Founder & Managing Partner of The Legal Circle; Mr. Mirza Salman Hossain Beg, Co-Founder and COO, 10MS

10 Minute School, one of the leading ed-tech platforms, closed investments from LCMA Ventures. The investment signing ceremony took place in 10 Minute School headquarters on the 2nd of October 2022.

LCMA Ventures comprises credible partners, including Mr. Sajid Rahman, Managing Partner of MyAsiaVC, The Legal Circle, LightCastle Partners, and Bangladesh Youth Leadership Center (BYLC).

Over the last 8 years, 10 Minute School has become one of Bangladesh’s largest education technology companies, with 4.2+ million app users and over 31 million combined social media subscribers. They teach millions of students daily across all their platforms, backed by a team of around 300 employees in collaboration with 250+ educators and instructors. 

Mr. Ayman Sadiq, Co-Founder, and CEO; Mr. Mirza Salman Hossain Beg, Co-Founder and COO; Mr. Shoumik Shahriar, GM, Finance, attended the ceremony on behalf of 10 Minute School. 

“There’s no better way to help society and an economy move forward than by helping its people get a high-quality education and become skilled human capital. As we work tirelessly every day to support our learners, we are also trying to learn from the best industry experts and advisors to navigate the many ebbs and flows of being a startup entrepreneur. We are excited to have a few of our earliest supporters joining our mission and be part of the 10MS journey!” said Mr. Mirza Salman Hossain Beg.

On behalf of the participating investors, Mr. Sajid Rahman, Managing Partner of MyAsia VC; Ms. Anita Ghazi Rahman, Founder & Managing Partner of The Legal Circle; Mr. Zahedul Amin, Co-Founder, and Director, Finance, Strategy, and Consulting Services of LightCastle Partners and Mr. Mehad ul Haque, Sr. Business Consultant of LightCastle Partners, were present.

Mr. Sajid Rahman said, “Making quality education accessible anywhere in the country will fundamentally progress our society. We are proud to be part of 10 Minute School’s  journey and looking forward to what the 10MS leadership team builds in the future.” 

“10 Minutes School has established itself as a premier Edtech in Bangladesh, having a tangible impact on the education landscape. LightCastle’s investment reflects our belief in 10 Minute School’s ability to generate value by transforming the way people learn.”, shared Mr. Zahedul Amin.

Previously, 10 Minute School has raised investments of USD 2+ million from Surge, a rapid scale-up international program backed by Sequoia Capital India and Startup Bangladesh Limited, the leading gov-backed USD 65 million VC fund.