Uolo raises $7M in pre-Series B round to expand AI adoption in Indian schools
Before this round, Uolo had raised $22.5 million in a Series A round led by Winter Capital in 2022, following a $3 million pre-Series A round led by Blume Ventures.
Education AI platform on Wednesday raised $7 million in a pre-Series B funding round led by global edtech investor Five Sigma, with participation from existing backers Blume Ventures, Morphosis, and Alicorn.
Before this round, Uolo had raised $22.5 million in a Series A round led by Winter Capital in 2022, following a $3 million pre-Series A round led by Blume Ventures.
The startup will use the funds to expand its network of partner schools, strengthen its Gen AI-based learning companions, and deepen its integrated learning ecosystem to improve affordability and adherence for K–12 students.
Founded in 2020 by Pallav and Ankur Pandey, Uolo currently works with more than 2,500 schools and serves over 1.1 million paying students across India. Its products are designed to extend classroom learning into the home, using AI tools aligned with school-defined curricula.
“Learning can sometimes be fun, but it is always hard. The real challenge is not content, it is adherence,” said Uolo CEO Pallav Pandey. “Schools solve adherence during the day. With our AI-powered products, we extend that structure into the home.” He added that AI is most effective when embedded within the school ecosystem rather than functioning as a standalone experience.
Five Sigma Managing Partner Peter Mobbs said Uolo’s distribution model gives it an edge in a sector where trust and school integration are critical. “Education is among the largest AI application markets, but success depends on alignment with the daily learning cycle of students,” he said.
The company, citing UDISE+ 2024 data, said that India is home to roughly 25 crore K–12 students, with 48% enrolled in private schools. In urban areas, this figure rises to nearly 70%, highlighting a rapid shift driven by rising household education spending and parents’ aspirations for academic mobility.
Uolo works with schools to integrate AI into the core learning journey rather than positioning it as an external supplement. Its platform blends textbooks, curriculum-linked pathways and AI-driven support to help students reinforce concepts and maintain continuity between classroom and home environments.
CENSIE Capital was the advisor for this transaction.
(The copy was updated with additional information.)
Edited by Suman Singh