# UABLE PTE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uable-pte

- Industry: Education/Training
- Headquarters: Bangalore, India
- Website: www.uable.com
- Total disclosed funding: $2.9M
- Latest round: Series A (Jul 19, 2021)
- Investors on record: 4

## About

Uable PTE LTD is an educational technology company that creates innovative learning environments for unconventional teenagers, focusing on skill development and career exploration through interactive programs.Founded in Bangalore, India in 2000, Uable PTE LTD specializes in transformative learning solutions for teenagers. The company was co-founded by Daniël De Waard, Kanishka Aggarwal, Saurabh Saxena, and Vasavi Kandula. CEO Saurabh Saxena leads the company, which has received USD 2.4 mn in Series A funding from Chiratae Ventures and JAFCO Asia on July 19, 2021. Uable has successfully raised a total of USD 2.4 mn to date and currently holds a valuation of USD 7.961 mn.Uable offers a transformative learning ecosystem specifically designed for unconventional teenagers, with its core product being the Power Club. This initiative provides a parallel system for lifelong learning, enabling teenagers to discover their passions and develop essential skills for future success. The platform facilitates interactive learning experiences tailored to individual needs, allowing users to explore diverse career pathways and cultivate their unique talents.In the most recent year, 2023, Uable generated revenue of USD 702,500.60, with an EBITDA of USD 38,289.20. The company primarily operates on a subscription model associated with its Power Club, allowing direct-to-consumer relationships with clients, including teenagers and their guardians who pay for access to educational resources and services.Following the latest funding round in July 2021, Uable plans to enhance its team and scale its product offerings. The company aims to introduce new categories for students to explore, broadening its educational scope. Uable also intends to expand its market presence, targeting specific regions with a growing demand for innovative educational solutions. The funding will support these initiatives, facilitating the development of new products and enhancing the existing platform.

## Funding rounds

- Series A, Jul 19, 2021, $2.4M — Chiratae Ventures, JIF Capital
- Seed, Feb 19, 2020, $0.5M — Rocket Internet SE, Global Founders Capital

## Investors

- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series A