uFaber raised INR 25 crore from Mastermind JPIN Capital Partners Fund and Gray Matters Capital

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Edtech startup uFaber raised INR 25 crore in Series-A from Mastermind JPIN Capital Partners Fund and Gray Matters Capital.

The cash will be used to expand and boost system capacity, upgrade technology, and establish a larger workforce, according to the startup. By 2024, uFaber hopes to enrol over 1 lakh students and hire over 5000 trainers.

Anirudh Swarnkar and Rohit Jain founded the firm in 2015 to give students with tailored training curriculum. It caters to a diverse demography of college students, professionals, homemakers, and businesses in order to assist them enhance their English communication and soft skills. Fluent Life, eMaester, IELTS Ninja, UPSC Pathshala, and Real School are among the programmes available.

In response to the investment, uFaber cofounder Rohit Jain stated that the company intends to continue expanding by investing in the product and the team.

Smita Sircar, president and CEO of Grey Matters Capital, added that the majority of teachers trained by uFaber are women, with the option to work from home. These teachers come from over 100 small towns in India and teach English to the youth online at a low cost and with high efficacy.

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uFaber raised INR 25 crore from Mastermind JPIN Capital Partners Fund and Gray Matters Capital

Edtech startup uFaber raised INR 25 crore in Series-A from Mastermind JPIN Capital Partners Fund and Gray Matters Capital.

The cash will be used to expand and boost system capacity, upgrade technology, and establish a larger workforce, according to the startup. By 2024, uFaber hopes to enrol over 1 lakh students and hire over 5000 trainers.

Anirudh Swarnkar and Rohit Jain founded the firm in 2015 to give students with tailored training curriculum. It caters to a diverse demography of college students, professionals, homemakers, and businesses in order to assist them enhance their English communication and soft skills. Fluent Life, eMaester, IELTS Ninja, UPSC Pathshala, and Real School are among the programmes available.

In response to the investment, uFaber cofounder Rohit Jain stated that the company intends to continue expanding by investing in the product and the team.

Smita Sircar, president and CEO of Grey Matters Capital, added that the majority of teachers trained by uFaber are women, with the option to work from home. These teachers come from over 100 small towns in India and teach English to the youth online at a low cost and with high efficacy.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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