Vietnamese EdTech startup EDUPIA has announced a $14 million Series A fundraise led by Jungle Ventures.

The round also saw participation from Alibaba-backed eWTP Capital, and Vietnam-based VC, ThinkZone Ventures, EDUPIA said in a statement.

This brings the total capital raised by the company to $16 million since inception.

The company intends to use the fresh round of funding for strengthening its tech stack, hiring across key positions, and regional expansion.

Going forward, EDUPIA’s strategy is to focus on products for K12 students.

Besides the current strength of English, EDUPIA has been expanding into other subjects such as Math, IT (Coding).

The company also plans to innovate on new technology features and solutions and expand to Thailand, and Indonesia.

“Language should not be a barrier for opportunity and access. EDUPIA bridges the big education gap among students between metros and lower tier cities. Today, over 90 percent of our students come from tier 2, 3 and 4 cities in Vietnam and we aim to contribute to the English skills of the 20 million K12 students in the country,

“We are extremely proud to partner with Jungle Ventures in our mission to build the largest regional online education platform in Southeast Asia,” said Tran Duc Hung, Founder of EDUPIA.

Founded in 2018 by Tran Duc Hung, EDUPIA’s mission is to provide an easy and accessible English learning platform to eliminate language-based inequalities and build a more globally competitive talent base.

Its English-learning platform is targeted at kids under 6 as well as primary and secondary students.

The company started out as a self-learning platform and has since expanded into live classes and private tutoring. It has grown to be a leading Edtech company in Vietnam with over 5 million users.

In addition to Vietnam, other Southeast Asian markets such as Indonesia, Thailand, Myanmar have shown great demand for its solutions.

“EDUPIA is Jungle’s second edtech investment in the region, after LEAP (in India). Through its tech enabled solutions, EDUPIA addresses the gaping education and teacher quality among cities/provinces in Vietnam,

“We are grateful for the opportunity to partner with Mr. Tran Duc Hung and the EDUPIA team to support the company’s next stages of growth by leveraging our expertise and global network,” said My Tran, Vice President of Investments in Jungle Ventures.

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