Riaz Moola, founder and CEO of HyperionDev, an education technology firm. Picture: SUPPLIED
Riaz Moola, founder and CEO of HyperionDev, an education technology firm. Picture: SUPPLIED

In this edition of Business Day Spotlight, we look at the growth and evolution of online education in SA. 

Our host Mudiwa Gavaza is joined by Riaz Moola, founder and CEO of HyperionDev, an education technology firm. 

The discussion begins with Moola — a former Google employee — recounting how the business started in 2012 and the problem it has been working for close to a decade to address. 

HyperionDev offers specialised mentored coding courses and bootcamps, both online and on-site at its Johannesburg and Cape Town campuses. Students can take courses in web development, software engineering and data science, among others, with prices ranging from R20,000 to about R70,000. 

Business Day Spotlight host Mudiwa Gavaza. Picture: DOROTHY KGOSI.
Business Day Spotlight host Mudiwa Gavaza. Picture: DOROTHY KGOSI.

Having started the business while at university, Moola says he has been working at it full time since 2017. During that time, the start-up has garnered attention and investment from Silicon Valley heavyweights Google and Facebook. 

Moola says having full-time, dedicated teachers is a differentiator for the business. “They’re professionals who have chosen to be full-time technical instructors.”

He also the firm’s work is helping to dispel the idea that Africa is behind the rest of the world in tech skills. “Actually, we’re not. We’re so good, we supply the teachers to the rest of the world.” 

The tech founder then talks about the HyperionDev’s current funding round in which it is looking to raise an additional $3m- to fund its expansion in the UK and US. DJ and performer Black Coffee’s investment firm, Flightmode Digita,l has taken part in the crowd-funded capital raise. As part of the drive, HyperionDev has secured more than $400,000 in backing from some of the biggest global tech organisations — the largest contributions being primarily from Facebook and Google.

The conversation also touches on HyperionDev’s business model; the company’s scholarship programme; career prospects for people with data-driven or programming qualifications; the evolution of online learning in SA; the effect of Covid-19 on the sector; as well as detailing the barriers still holding many in SA from being able to take advantage of online learning. 

For more episodes, click here.

Engage on Twitter at #BDSpotlight

Subscribe: iono.fm Spotify | Apple Podcasts | Pocket Casts | Player.fm

 Business Day Spotlight is a MultimediaLIVE production.

subscribe

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.