Business families associated with STS Group and existing investor Wavemaker back Shikho’s expansion across public and private education
Shikho, a leading Bangladeshi education technology company, has announced a Tk 8.75 crore strategic investment round to expand its enterprise education business across public and private institutions, per a press release sent to Future Startup. The company says the investment supports its ambition to bring digital learning and artificial intelligence (AI) into Bangladesh’s classrooms, campuses and education systems.
The round brings together personal investments from members of a few business families associated with STS Group, whose education portfolio includes International School Dhaka (ISD) and Glenrich International School, alongside returning investor Wavemaker Partners from Singapore. According to the company, it combines education-sector experience and institutional relationships with continued international venture capital backing for Shikho’s next phase.
Shikho launched its mobile learning app in 2020 with courses for Bangladesh’s national curriculum, including SSC, HSC and university entrance exams. Wavemaker first backed the company in its $1.3 million seed round in 2021 and led its $4 million new seed funding in March 2022, which brought Shikho’s seed round to $5.3 million. In March 2023, Shikho raised $900,000 in a strategic round that included SAJIDA Foundation, taking its total funding to $6.5 million at the time.
Along the way, Shikho acquired professional courses platform Bohubrihi in 2021 and online coding platform Mainly Coding in 2022. It opened its first offline Exam and Experience Center in Dhaka’s Farmgate in April 2024, and in December 2025 launched EduTab with Walton’s Walpad, a learning-focused tablet built around Shikho’s platform.
Bangladesh’s education system serves around four crore learners and more than ten lakh teachers, according to the company. Building on its experience in Bangla-medium, national-curriculum education, Shikho aims to equip teachers and institutions with tools that make quality learning more accessible across urban and rural communities.
Shikho’s enterprise strategy centres on the institutions that deliver education at scale, from schools and colleges to universities and training providers, the company says. The company plans to combine curriculum-aligned content, assessment and AI-enabled learning support to strengthen teaching, personalise learning and help educators respond to students’ needs.
“AI is changing how we learn, how we work and what we can achieve,” said Shahir Chowdhury, Founder and CEO of Shikho. “The future of learning will bring the physical and digital worlds together. The classroom, the campus and the workplace will become part of one connected experience, combining the best of human teaching with intelligent technology. We’re building Shikho for that future, putting teachers at the centre and helping Bangladesh’s public and private institutions prepare people for a lifetime of learning and work.”
According to the company, working through institutions gives Shikho a route to serve whole classrooms and campuses, extending the reach of its consumer platform. Its focus is on practical technology that fits the curriculum, supports teachers and helps learners build skills that carry from education into employment.
The company says the strategic investment supports Shikho’s evolution into a technology partner for Bangladesh’s education systems, connecting better learning today with the skills needed for tomorrow’s economy.
