A Kazakh Entrepreneur Taught Math to Kids in the Regions, Then Launched a Startup With Nearly $5 Million in Annual Revenue
Askar Maksat began his career as a math tutor. He worked with students in Almaty and across the regions of Kazakhstan. When he considered opening his own education center, his longtime acquaintance Aibek Kuatbayev, founder of IT company Bugin Holding, suggested launching online courses to prepare schoolchildren for the UNT, as well as entrance exams to NIS and BIL. This is how the Daryn Online project emerged, where children aged 6 to 18 can study English, physics, computer science and other subjects. Over several years, the EdTech platform attracted hundreds of thousands of users and entered multiple international markets. In addition to Kazakhstan, Daryn Online now operates in Azerbaijan, Uzbekistan and Kyrgyzstan, and is planning to expand into Turkey. As part of the joint Digital Business and Astana Hub project “100 Startup Stories of Central Asia,” Askar spoke about building a full-fledged online education ecosystem, the intense competition in Kazakhstan’s EdTech market and the key value of Silkway Accelerator for startups.