Upon relocating to Nigeria, from the United States, after furthering his education overseas, Bunmi Akinyemiju, MD/CEO, Venture Garden Group (VGG) and Greenhouse Capital, vowed to help breach the educational gap between Nigeria and the United States, because he believes that Nigerian students do not have to travel abroad to get quality education, as long as the government and the Nigerian politicians prioritise education here at home. As a result of this, he, alongside Demuren Olufemi Olukunmi, launched EduTech, their first company, in 2011. The aim was to build an online distance education platform to help young Nigerian
professionals get professional degrees and certifications from Nigerian Universities that would help them advance in their careers.
They accomplished this with Venture Garden Group (VGG), the parent company under which Edutech operates. Since then, Greenhouse Capital has invested in TutorNG –a Nigerian online tutoring platform – and PrepClassNG – a platform that connects tutors with whoever might need their services. With the backing of Greenhouse Capital, they have built a powerful platform where one can enjoy well over 6,000 tutors on their database. PrepClass has provided over 25,000 hours of tutoring and is active in three Nigerian states. It is suspected to be one of Greenhouse Capital’s most successful investments. The online test prep company was created by two young Nigerian entrepreneurs, Ogunlana Olumide and Chukwuwezam Obanor. It was among the Nigerian and Kenyan fintech startups that were wired funding from the Greenhouse accelerator programme. On why he chose these two techpreneurs, he told Moguldom, in an interview, that the
fact that they focused on education was a big checkmark for him, because he believes that by taking a young workforce that’s able, ready and smart, you can turn that into productivity, which is how you create a lot of home-based entrepreneurs, employees, value and industry.