• 1800 120 77 88 99

Uable raises $3.5 million in pre-series A round led by Jafco Asia and Chiratae Ventures

Saransh Pandey

Intern
  • March 31, 2021
Share with
    Uable is building a unique peer-to-peer learning platform for children, which will truly empower them.

Uable, a life skill development online platform for children, has raised $3.5 million in pre-series A round led by Jafco Asia and Chiratae Ventures. Existing investor 3one4 Capital also participated in the round. According to the company’s statement, Supriya Singh, Director of South Asia investments, Jafco Asia will join the board of Uable. 

Uable has launched a new-age learning platform exclusively for teenagers across the world, and the funding will help the company add more real-world domains for teenagers to explore besides building a global team and scale the product globally. 

Saurabh Saxena, Founder & CEO, Uable said that Uable is 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. He said that they believe through the right guidance, mentorship, inspiration, and information, teenagers can discover that their passion can find a career path. 

Founded last year by Saxena, who had co-founded Edtech platform Vedantu, Uable's platform will empower teens between 13 and 18 years of age to discover and design their own career paths in domains including Artificial Intelligence, Climate Change, Gig Economy, Space Tech, and Robotics. They will get an opportunity to immerse themselves in real-world experiences, learn from peers and receive mentorship from global domain experts. 

 Since 2020, Uable has raised a total of $4.5 million. It is backed by Jafco Asia, Chirate Ventures, 3one4 Capital, Global Founders Capital, and a clutch of angel investors including Pine Labs’ Amrish Rau, Jupiter's Jitendra Gupta (Ex-Pay U), Inflection Point Ventures, Angel List, Better Capital, Patni Wealth Advisors amongst others. 

 Supriya Singh, Director of South Asia investments for JAFCO Asia said that 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. 

Want to subscribe our Newsletter?