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B2B Edtech Startup Uolo Acquires Online Learning Platform Tekie

B2B Edtech Startup Uolo Acquires Online Learning Platform Tekie

he acquisition will help Uolo offer affordable learning programs to school students. The development has come almost a month after Uolo raised $22.5 Mn in Series A funding round led by VC fund Winter Capital.

The obtainment will help uolo with offering sensible learning tasks to school students

The improvement has come nearly 30 days after Uolo brought $22.5 Mn up in a Series A financing round driven by VC hold Winter Capital

Tekie is an ed-tech startup that offers web coding courses to students. It shows students involving vivified describing and practice gatherings in PC labs

B2B ed-tech startup Solo has acquired electronic learning stage Tekie for an undisclosed aggregate.

The getting will help Uolo with offering sensible learning ventures to school students.

The improvement has come nearly 30 days after Uolo brought $22.5 Mn up in a Series A funding round driven by VC hold Winter Capital. Blume Undertakings and Morphosis Venture moreover participated in the sponsoring round.

Set up in 2013 by Pallav Pandey, Ankur Pandey, and Siddharth P. Singh, the edtech startup offers online courses in coding and English talking. It accessories with non-state funded schools and helps them with making web capacities.

"We are eager to report the getting of Tekie, one of the most outstanding coding stages made for school students in India. Uolo will introduce the Tekie program in schools that are at this point using its school the board stage," said Pallav Pandey, prime ally and Head of Uolo.

The startup said its sans-cost adaptable application enables correspondence among schools and watchmen. Through its application, schools offer cross-breed learning ventures to students.


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he acquisition will help Uolo offer affordable learning programs to school students. The development has come almost a month after Uolo raised $22.5 Mn in Series A funding round led by VC fund Winter Capital.

Uolo affirmed that it has joined along with more than 8500 schools and 35 Lakh students in the country.

Laid out in 2017, Tekie is an ed-tech startup that offers online coding courses to students. It shows students through vivified describing and practice gatherings in PC labs.

Figuring out the strategy, the Bengaluru-based startup shared that it shows HTML, Java, and Python programming to school students with the help of relevant development. It moreover permits students to learn with popular tech gadgets like Figma and Material, among others and further familiarizes them with automated thinking and blockchain.

"Tekie gathering's internal compass around building a first-class coding instructive program for schools is unparalleled and we expect to work personally with them. We acknowledge that the getting of Tekie works with our focal objective to take current, incredible tech undertakings to the larger part," Pandey added.

In India, Uolo faces competition between Eupheus Learning and Educating, among others.

According to an In42 report, India's ed-tech region is the absolute most awful hit segment in FY2023 owing to various variables, for instance, market downtrend, the kickoff of schools and colleges, low monetary supporter sentiments, and overall aggravation.

As an aftermath of these factors, edtech new organizations took uncommon decisions, for instance, downsizing their associations, and laying off throughout 7,500 full-time and contracted specialists far in 2022.

Right when the Covid discharge up changed into a pandemic in 2020, edtech associations' fortunes took off as they stepped in to compensate for the getting deficiencies left by schools and preparing centers shutting their doorways during lockdowns overall and in India.

As per data got from Experience Information, VC sponsoring into ed-tech new organizations isn't precisely isolated to $1.94 billion in 2022, from $4.08 billion in 2021.

The drop in the complete proportion of the money raised happened for new organizations across various financing

On the other hand, edtech new organizations Lido Learning, Crejo. Fun, Udayy, Qin1, and SuperLearn-couldn't persevere through the sponsoring winter and halted their assignments perpetually in 2022.

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