VC backed by Alibaba leads $14 M in funding for Edupia
The edtech business Edupia from Vietnam has secured $14 million in series A funding, with Jungle Ventures serving as the lead investor. ThinkZone Ventures of Vietnam and eWTP Capital, which is funded by Alibaba, also participated in the financing.
Edupia has now raised a total of US $16 million with the new phase.
The firm was established in 2018 by Tran Duc Hung with the goal of eradicating language-based disparities in Vietnam by offering a simple and accessible English-learning platform. Children under the age of six, as well as primary and secondary students, are addressed by its learning platform.
Live courses and individual tuition have been added to Edupia’s self-learning platform. It now has more than 5 million users, and Southeast Asian markets including Indonesia, Thailand, and Myanmar are showing demand.
Edupia has been branching out into new areas like math and coding while aiming to concentrate on goods for K–12 students. The business also has expansion ambitions for Thailand and Indonesia as well as the introduction of technological features and services.
Live courses and individual tuition have been added to Edupia’s self-learning platform. It now has more than 5 million users, and Southeast Asian markets including Indonesia, Thailand, and Myanmar are showing demand.
“Language should not be a barrier to opportunity and access,” Hung said in a statement. “Edupia bridges the big education gap among students between metros and lower-tier cities.”
Edupia has been branching out into new areas like math and coding while aiming to concentrate on goods for K–12 students. The business also has expansion ambitions for Thailand and Indonesia as well as the introduction of technological features and services.