Edtech Startup Ulipsu Raises $3.2 Mn In Fresh Funding

Ulipsu, a multi-skill learning platform and edtech firm based in Bengaluru, has raised $3.2 million to far and concluded the Pre-Series A round for $5.7 million. Existing investors and HNIs from the Middle East and Canada participated in the investment round, and the seed investors saw a secondary sale of $225K.

Ulipsu is an edtech and multi-skill learning platform that provides schools with a plug-and-play learning infrastructure so that they can teach their students important skills like art and craft, language and communication, coding, artificial intelligence, finance and entrepreneurship, and many more. Ulipsu was co-founded by Sumanth Prabhu and Nikhil Bhaskar in 2017.

Children aged 6 to 16 can take advantage of structured learning opportunities provided by the Bengaluru-based firm. Additionally, its courses support the National Education Policy's (NEP) incorporation of digital learning and a holistic approach to child development.

The firm asserts to have a large-scale content creation and production operation in Mysuru with a staff of 150 people. Ulipsu asserts that it has already set up its learning infrastructure in more than 200 schools nationwide and that it provides more than 350 carefully selected courses that cover 15 competencies.

By the conclusion of this academic year, it aims to onboard more than 1,000 schools nationwide, and it also plans to expand throughout the Middle East. Ulipsu received $1.5 million in fundraising in November of last year, the most of it coming from Middle Eastern and British angel investors. A few months ago, Mastermind JPIN Capital Partners and Grey Matters Capital provided Rs 25 crore in Series A funding to the edtech startup uFaber in order to grow operations, including system capacity, technology, and team size.