Edtech Startup Ulipsu Secures $3.2 Million in Funding for Global Expansion and Diversified Learning Offerings
- ByStartupStory | May 25, 2023
Edtech startup and multi-skill learning platform, Ulipsu, successfully secures $3.2 million in funding, concluding the Pre-Series A round with a total of $5.7 million. The investment round witnessed the participation of existing investors as well as High Net Worth Individuals (HNIs) from the Middle East and Canada.
As per the company’s statement, the funding round also involved a secondary sale of $225K specifically for the seed investors.
Ulipsu has strategic plans to drive rapid growth and enhance its operations by expanding its presence in both domestic and global markets. Additionally, the company aims to diversify its product portfolio to cater to a wider range of offerings. To facilitate this growth trajectory, Ulipsu intends to acquire new talent, bolstering its workforce to meet the anticipated surge in demand and expansion.
Established in 2022, Ulipsu presents a convenient plug-and-play learning infrastructure designed to empower schools in offering essential skills to their students. The platform covers a wide range of subjects, including art and craft, language and communication, coding, artificial intelligence, finance, entrepreneurship, and numerous other disciplines.
With a presence in over 200 schools across India, Ulipsu aims to further expand its reach and onboard over 1,000 schools nationwide by the end of the current academic year. Additionally, the company is preparing to make its mark on the global stage through expansion into the Middle East region this year.
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