India-based career discovery platform Uable said it has secured US$3.5 million in pre-series A money in a round led by JAFCO (Japan Associated Finance Co) Asia and Chiratae Ventures.
Existing investor 3one4 Capital also participated in the round, according to a statement. Supriya Singh, JAFCO Asia director for South Asia investments, also joined Uable’s board as part of the deal.
Founded in 2020 by Vedantu co-founder Saurabh Saxena, Uable primarily targets the Generation Z demographic to help them prepare for their professional future.
Its platform allows teens between 13 and 18 years old to discover and design their own career pathways in fields such as AI, climate change, space tech, robotics, and the gig economy. Through Uable, users can immerse themselves in real-world experiences, learn from their peers, and receive mentorship from global domain experts.
The startup said it plans to use the new funds to further build out its global team and add more experiences for its users.
According to UNICEF, more than half of Indian students do not possess the skills needed to succeed in 21st century jobs. This presents an opportunity for offerings such as Uable.
“The way we are differentiated is that we are not about ‘test prep’ or ‘course prep’ but about ‘life prep’,” said Saxena. “We believe that through the right guidance, mentorship, inspiration, and information, teenagers can discover that their passions can find [them] a career path.”
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