Uable, an online life skill development platform for teenagers, has raised $3.5 million in pre-series A. This round was led by Jafco Asia and Chiratae Ventures. Current investors 3one4 Capital also participated in the round. Supriya Singh, Director of South Asia investments, Jafco Asia are going to join the Uable board.
The funds are going to be used to build a skilled global team, scale the product worldwide, and add more real-world domains for youngsters to explore by this Edtech platform.
Uable is founded in 2020 by Saurabh Saxena who also once has co-founded Vedantu. Uable is a new age learning platform empowering teens between thirteen and eighteen years of age to discover and design their career paths in domains including Artificial Intelligence, Climate Change, Gig Economy, Space Tech and Robotics.
Speaking about the investment Saurabh Saxena, Founder & CEO, Uable said, “At Uable, we are working on the very root of the problems in the education sector, where from the longest timr the notion that securing the highest marks, grades and degrees alone determined one’s future and chances of succes. 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.”
Adding to that Karan Mohla, Partner at Chiratae Ventures Advisors, said, “While ed-tech-based learning has been available for all and digitised in recent years, the focus on real-world applicability and building of practical use cases and skills for children has remained as something of a problem. While keeping up with the changes brought about in 2020, building a global-first platform and also always remembering ethos is at the heart of Saurabh’s vision for Uable and we’re excited about taking it from India to the world.”
According to the corporation, its courses can provide children with a chance to immerse themselves in real-world experiences, learn from peers and receive mentorship from global domain experts.