Uable raises pre-Series A funding
Bengaluru: Uable, a platform focused on career discovery and skilling for people between the ages of 13 and 18, has raised $3.5 million (around Rs 25.6 crore) in a pre-Series A fundraising round.
The round in Bengaluru- and Singapore-based Uable has been led by JAFCO Asia and Chiratae Ventures, with participation from existing investor 3one4 Capital.
Last year, Uable raised an undisclosed amount in seed funding. The round was led by 3one4 Capital, with participants including Global Founders Capital, Inflection Point Ventures, AngelList, and angel investors including Amrish Rau and Jitendra Gupta.
Uable, operated by Uable Pte Ltd, was set up by Saurabh Saxena, who also co-founded tutoring platforms Vedantu and Lakshya. The company says its platform focuses on addressing current gaps in the education system through real-world learning with a focus on skills needed for contemporary careers.
Uable will use the capital it has raised to build out its team, scale its product, and add more categories for students to explore.