Edtech start-up Uolo has raised $22.5 million in Collection-A funding spherical led by UAE-headquartered VC fund Winter Capital.
The funding spherical noticed participation from current traders Blume Ventures and Dubai-based fund Morphosis Enterprise Capital. Uolo had beforehand raised seed funding to the tune of ₹20 crore led by VC funds Blume Ventures in November 2020.
Uolo companions with non-public colleges to develop their on-line capabilities, adopted by phygital studying packages which can be aligned with the college curriculums.
Uolo’s open structure platform permits third-party training publishers and content material creators to develop studying packages for Ok-12 college students.
“The edtech options must construct on high of 6 hours spent in class every day and enlarge the outcomes by leveraging the smartphones obtainable at dwelling. The shortage of alignment with college, along with exorbitant pricing is inflicting ed-tech corporations to falter,” mentioned Pallav Pandey, CEO of Uolo.
In response to Uolo, it has partnered with greater than 8,500 colleges throughout India and at the moment reaches over 3.7 million college students.
Uolo gives studying packages in coding and English talking. College students use a guardian/guardian’s smartphone at dwelling to enrich their in-school studying. The corporate plans to introduce extra packages throughout STEAM topics within the coming months.
