On Wednesday, Uable the online lifeskills development platform raised $3.5 million in pre-series A round led by JAFCO Asia and Chiratae Ventures. Supriya Singh, Director of South Asia investments, JAFCO Asia, will join the Uable board.
Saurabh Saxena, Founder and CEO, Uable, said, “At Uable, we are challenging the status quo of education, where for decades and possibly centuries, the notion that securing the highest marks, grades, and degrees alone determined one’s future and chances of success. However, we are here to change that notion and bring a paradigm shift in education.”
“The way we are differentiated is that we are not about ‘test prep’ or ‘course prep’ but about ‘life prep’. We believe through the right guidance, mentorship, inspiration, and information, teenagers can discover that their passion can find a career path. We are excited to have on-board our new investors who are aligned with this vision of ours,” added Saurabh.
Saurabh Saxena, formerly cofounded Vedantu. Uable focuses on targeting the 13-18 age-group. It aims to help teenagers design their own career paths along with opportunities to Gig Economy, Space Tech, Robotics and other latest technologies.
Supriya Singh, the Director of South Asia investments for JAFCO Asia, said, “I joined Uable first as a parent and then as an investor. Saurabh is a truly visionary leader who brings creativity with responsibility to Uable’s learning platform. Uable is building a unique peer-to-peer learning platform for children, which will truly empower them with the right mix of skill development, creativity and self-confidence. A platform like Uable is what education in the 21st century should be.”
Anurag Ramdasan, Head of Investments at 3one4 Capital, stated, “We have been working with Saurabh ever since he began work on his next idea in ed-tech. His incredible passion for ensuring quality and focus on building a scalable peer learning model focused on the overall development of teenagers is something that aligns with our focus in this space. We are excited to partner with Uable for building an educational paradigm that focuses on measurable development at scale and enables a whole new generation to learn the skills of the future.”
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