About Uable
Uable is an Education company based in Bengaluru (India) founded in 2019 by Vasavi Kandula and Saurabh Saxena. A lifelong learning ecosystem for teenagers is provided. Uable has raised $4.08 million across 2 funding rounds from investors including Wellfound, 3one4 Capital and JAFCO Asia. The company has 3 employees. Its chief executive, as recorded, is Saurabh Saxena. Its Indian entity Trulearn Spaces Private Limited reported revenue of ₹1.46 Cr. Uable offers products and services including Power Club. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Diversified.
Company details
Uable was founded in 2019 in Bengaluru, India, operating in the education sector. A lifelong learning platform is offered to teenagers, equipping them with skills for future success. Passions are discovered and career pathways are navigated through tailored resources. Unique strengths of unconventional teens are recognized and nurtured via tools designed for goal achievement.
- Headquarters Bengaluru, India
- Employees 3
- Founders Vasavi Kandula, Saurabh Saxena
- SectorsEducation
- Email••••••••
- Website uable.com
- Social LinkedIn Facebook
- Legal Name Uable Pte Ltd
- Date of Incorporation 13 Feb, 2019
- Annual Revenue₹1.46 Cr
FY 2024 · -76% YoY
- Net Loss-₹1.00 Cr
FY 2024 · -68% margin
- EBITDA-₹49.1 Lakh
FY 2024 · -34% margin
- Total Equity Funding$4.08M (USD)
in 2 rounds
- Latest Funding Round$3.5M (USD), Seed
Mar 2021
- InvestorsWellfound
& 63 more
- Employee Count3
Associated legal entities of Uable
Uable operates through Trulearn Spaces Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trulearn Spaces Private Limited CIN U80900KA2019PTC121379 | Active | 13 Feb 2019 | Bangalore, Karnataka | ₹1.5 Cr | 4 | 3 | View details |
Products & Services of Uable
Uable offers a comprehensive portfolio of products and services, including Power Club.
Ecosystem for teenagers to develop skills and discover passions.
Funding Insights of Uable
Uable has successfully raised a total of $4.08M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.08M
- Total Rounds 2
- Last Round Seed — $3.5M
- First Round $584,037
(Jul 2020)
- Investors Count 64
All 2 funding rounds of Uable with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $3.5M | Seed | – | JAFCO Asia, Chiratae Ventures | |
| Jul 2020 | $584,037 | Seed | – | 3one4 Capital |
64 investors in total: 7 institutional and 57 angel.
Investors in Uable
Uable has secured backing from 64 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, 3one4 Capital and JAFCO Asia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage tech startups are made by JAFCO Asia. | jafcoasia.com | Singapore, Singapore | ||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Investments are provided by Neev Angel Advisors in multiple sectors. | Delhi, India | |||
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
AR Amrish Rau | CEO of Pine Labs, fintech leader, active angel investor | unknown_b3a10bc3863644a9a | ||
JG Jitendra Gupta | Founder of Jupiter, ex-Citrus Pay, prominent fintech angel investor | unknown_8a28c2a1c1cc4422a | ||
JV Jignesh Vasant Kenia | unknown_108f543d5a224f4c8 |
Investor details for Uable
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Trulearn Spaces Private Limited (Uable)
Trulearn Spaces Private Limited is the primary company behind Uable. The board of Trulearn Spaces Private Limited currently have 3 directors; the longest-serving is Saurabh Saxena, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saurabh Saxena DIN 03091100 | Director | 13 Feb 2019 | 7 yrs 8 mo | Trulearn Spaces Private Limited |
| Vasavi Kandula DIN 08360755 | Director | 13 Feb 2019 | 7 yrs 8 mo | Trulearn Spaces Private Limited |
| Shashanka Sekhar Kundu DIN 10307664 | Director | 05 Sep 2023 | 3 yrs 2 mo | Trulearn Spaces Private Limited |
People of Uable
2 people are tracked at Uable (2 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Uable
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Uable
Figures of Trulearn Spaces Private Limited, the primary company behind Uable, for FY 2024. Revenue was ₹1.46 Cr (-76% year on year). Net loss was -₹1.00 Cr (-68% margin). EBITDA was -₹49.1 Lakh (-34% margin). Revenue has grown at a compounded annual rate of -33% over three years.
- ₹1.46 CrRevenue · FY 2024 · -76% YoY
- -₹1.00 CrNet loss · -68% margin
- -₹49.1 LakhEBITDA · -34% margin
- ₹34.6 LakhPaid-up capital
- 4Employees (provident fund records)
- -33%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Trulearn Spaces Private Limited are on its company page.
Detailed financial statements for Uable
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Uable
3 dated milestones of Uable across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Uable is founded.
- Funding First funding round of $584K.
- Funding Latest funding round, Seed, of $3.5M.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Uable (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 45.8 M | 1,140 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Uable
Complete news archive for Uable
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Uable
Uable was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Uable is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Saurabh Saxena is the CEO of Uable, as recorded in our data. They have also founded this company.
Uable is a funded company, having raised a total of $4.08M across 2 funding rounds to date. The company's 1st funding round was a Seed of $584.04K, raised on Jul 2020.
Uable has 3 employees.
The primary company behind Uable, Trulearn Spaces Private Limited, reported revenue of ₹1.46 Cr for FY 2024, down 76% year on year.
Uable was founded in 2019 in Bengaluru, India, operating in the education sector. A lifelong learning platform is offered to teenagers, equipping them with skills for future success. Passions are discovered and career pathways are navigated through tailored resources. Unique strengths of unconventional teens are recognized and nurtured via tools designed for goal achievement.
Uable offers Power Club.
Uable has 64 investors. Key investors include Wellfound, 3one4 Capital, JAFCO Asia, Chiratae Ventures, and Global Founders Capital.
Uable operates through Trulearn Spaces Private Limited.
The legal entities of Uable currently have 3 directors, including Saurabh Saxena, Shashanka Sekhar Kundu, Vasavi Kandula.