Edtech startup Uolo raises $7 Mn led by Five Sigma

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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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Edtech startup Uolo raises $7 Mn led by Five Sigma


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…



Source link

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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