#21: uLesson - How the EdTech platform is bridging the educational gap across Nigeria & Anglophone Africa
Afrobility: Africa Tech and BusinessJanuary 25, 2021
21
01:43:24236.67 MB

#21: uLesson - How the EdTech platform is bridging the educational gap across Nigeria & Anglophone Africa

Overview: Today, we’re going to talk about uLesson - the African EdTech platform. We'll start with some context about education in Africa & Nigeria, talk about uLesson's early history, fundraising, product strategy & end with our views on its future outlook. This episode was recorded on Jan 24, 2021.

Companies discussed: uLesson, Byju’s, School Visual, WhiteHat Jr, Yuanfudao & Owl Ventures

Business concepts discussed: Education technology, monetization strategy, African expansion, product localization, new product development, growth/profitability trade-offs & equity fund raising


Conversation highlights:

  • (01:30) - Why we are talking about uLesson
  • (04:15) - Nigerian / African educational context
  • (22:08) - Sim Shagaya background, work experience
  • (24:20) - Entrepreneurial ventures: e-Motion, DealDey, Konga
  • (32:16) - uLesson founding and seed round
  • (40:02) - $7.5M Series A overview
  • (45:30) - Expansion to other African countries
  • (50:45) - uLesson product & pricing strategy
  • (1:02:45) - uLesson user growth and engagement
  • (1:03:26) - uLesson competition across Africa
  • (1:18:14) - Bankole’s overall thoughts and outlook
  • (1:28:45) - Olumide’s overall thoughts and outlook
  • (1:36:55) - Recommendations, small wins & open questions

Olumide’s recommendations, small wins & open questions:


Bankole’s recommendations, small wins & open questions:


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