Edversity takes investment from Rapidev Group at LEAP 2026 in Riyadh
The Pakistani tech skills company will join the Rapidev group of companies and use Saudi Arabia as its base for wider international growth.
Edversity, a Pakistani technology education company, has secured a strategic investment from Rapidev Group. The deal was announced on 1 September at LEAP 2026 in Riyadh, Saudi Arabia. The amount was not disclosed.
As part of the arrangement, Edversity will join the Rapidev Group of Companies. The company said the money will go towards international expansion and what it calls AI powered learning infrastructure. Saudi Arabia will serve as its regional base before it moves into other markets.
Edversity was founded in Pakistan in 2021 and is supported by Ignite, the national technology fund under the Ministry of IT and Telecom. It teaches artificial intelligence, cybersecurity, cloud computing, data and blockchain through industry led instruction, practical projects and mentorship. The company says it has trained more than 12,500 learners and reports placement outcomes above 70 percent in selected cohorts. Both figures are the company's own.
It already has a foothold in Riyadh through The Garage, a startup hub in the Kingdom's technology ecosystem.
“Rapidev gives us the technology, operational strength and international reach.”
Rapidev was founded in 2017. It says it has more than 200 engineers and developers, has completed more than 50 major projects and serves customers in more than ten countries. Its founder and group chief executive, Wajid Gulistan, said the industry needs people who can turn knowledge into practical capability, and not only graduates with certificates.
Siddiqui told TechJuice that the company's ambition goes beyond becoming another online education firm. He said Edversity wants to build infrastructure that helps people understand what they need to learn. The announcement cited the World Economic Forum's Future of Jobs Report 2025, which found that 63 percent of employers see skills gaps as a major barrier to business transformation, and tied the deal to Saudi Arabia's Vision 2030 focus on future ready skills.
Reported from a company announcement and coverage in TechJuice and Digital Pakistan.
