School-focused edtech startup Uolo has raised $7 million in a new funding round led by Five Sigma.
The company has not disclosed its current valuation. Details on participation from other investors were also not made public.
The new round comes after three years since the last $22.5 million Series A round led by UAE-headquartered VC fund Winter Capital.
The funds will be used to expand product development, strengthen technology infrastructure, and scale its presence across Indian schools, Uolo said in a press release.
Uolo helps schools manage…

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