uFaber Raises Rs 25 Crore in Series A Funding Round
- ByStartupStory | May 25, 2023
uFaber, the online learning platform, successfully raises Rs 25 crore in its Series A funding round, with Mastermind JPIN Capital Partners and Gray Matters Capital leading the investment. Prior to this, the edtech firm had secured Rs 2.5 crore from angel investors.
According to a statement by uFaber, the online learning platform is committed to sustaining its upward growth trajectory and strengthening its position in the highly competitive edtech market. The company also emphasized that the funding received will fuel its expansion plans, enabling enhancements in system capacity, technological advancements, and team expansion.
uFaber provides targeted training programs catering to a wide range of individuals. The platform focuses on training predominantly female teachers, offering them the flexibility to work from home in more than 100 small towns. These trained teachers leverage online platforms to deliver English language instruction to young learners, ensuring affordability and exceptional effectiveness.
uFaber operates five distinct programs on its platform: Fluent Life, eMaester, IELTS Ninja, UPSC Pathshala, and Real School. The Fluent Life program targets college students, professionals, homemakers, and businessmen, aiming to enhance their English communication and soft skills. eMaester specifically trains women to become work-from-home teachers. IELTS Ninja focuses on preparing working professionals for English proficiency exams, while Real School offers personalized education solutions. Lastly, UPSC Pathshala provides coaching for a range of competitive exams.
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