School Communication Platform ‘Uolo’ Raises Rs 20Cr In A Pre-Series A Funding Round
Uolo Technologies, a school communication platform, has raised Rs 20 crore in a Pre-Series A funding round led by Omidyar Network India and Blume Ventures.
As per the startup, it will use the funds to expand its tech and operations teams, as well as improve its offerings.
Founded by Pallav Pandey, Siddharth Singh and Ankur Pandey in 2013, Uolo Technologies is a Bangalore-based firm that runs an app to help students, teachers and parents communicate online.
The startup currently provides its solutions to over 2,000 schools in India and counts a million students across 200 cities on its platform.
Uolo Technologies aims to build a budding community of parents, schools and students. And over the next two years, the startup says it plans to bring 20,000 schools comprising 10 million students online.
Talking about Uolo, Sajith Pai (Director of Blume Venture) said,
“COVID-19 and the rapid acceleration of digital learning has accelerated school adoption of technology and digital tools. In these times, Uolo has helped onboard hundreds of schools online, who have benefited from Uolo’s communication and learning platforms.”
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