Funding
Edtech firm Uolo raises $7 million
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Edtech startup Uolo, has raised $7 million (about Rs 63 crore) in a funding round led by Australian venture capital firm Five Sigma.
The round also saw participation from existing investors Blume Ventures, Morphosis and Alicorn.
The Gurgaon-based startup plans to deploy the funds to expand its network of school partners, advance generative artificial intelligence (AI)-based learning companions and strengthen its offerings.
“There are two key challenges that need to be addressed when we talk about the adoption of technology or AI in the education…
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