Ulipsu, an edtech startup and multi-skill learning platform, has raised $3.2 million and closed the Pre-Series A round at $5.7 million. Participants included existing investors and HNIs from the Middle East and Canada.
The company said the round included a secondary sale of $225K for the seed investors.
Ulipsu aims to speed up its development and operations by diversifying its product line and expanding its presence in domestic and global markets. The company will also hire new talent to help with the growth surge expected in the coming year.
Launched in 2022, Ulipsu offers a plug-and-play learning infrastructure that enables schools to teach their students essential skills like art and craft, language and communication, coding, artificial intelligence, finance and entrepreneurship, and many more.
By the end of the current academic year, the company hopes to have more than 1,000 schools nationwide using their software, which is now being used in more than 200 schools in India. With expansions across the Middle East this year, the brand is also preparing to mark its identity on the global map.