Alibaba-backed VC joins $14m round of Vietnam edtech firm

Edupia, a Vietnam-based edtech startup, has raised US$14 million in series A financing led by Jungle Ventures. Alibaba-backed eWTP Capital and Vietnamese firm ThinkZone Ventures also joined the round.

The Edupia team / Photo credit: Edupia

With the fresh round, Edupia has raised US$16 million in total funds to date.

Founded in 2018 by Tran Duc Hung, the startup aims to provide an easy and accessible English-learning platform to eliminate language-based inequalities in Vietnam. Its learning platform is targeted at kids under the age of 6 as well as primary and secondary students.

Edupia started out as a self-learning platform and has expanded into live classes and private tutoring. Currently, it has over 5 million users, and it is seeing demand from Southeast Asian markets including Indonesia, Thailand, and Myanmar.

See also: Mapping Vietnam’s emerging edtech sector

“Language should not be a barrier to opportunity and access,” Hung said in a statement. “Edupia bridges the big education gap among students between metros and lower-tier cities.”

Edupia is looking to focus on products for K-12 students and has been expanding into additional subjects such as mathematics and coding. The company also plans to expand to Thailand and Indonesia as well as to introduce tech features and solutions.