Singaporean edtech startup Tueetor gets US$1.48M investment from iGroup
The company aims to address the two pain points faced by parents in their children’s education: affordability and accessibility
iGroup (Asia Pacific) Ltd, a provider of research information resources and library technologies, has recently partnered with Tueetor Pte Ltd, an edtech startup in Singapore, to launch a fully automated learner-trainer matching platform.
iGroup has also invested US$1.48 million in Tueetor to expand the platform. Focusing on the private tuition market for a start, the edtech company aims to address two pain points many parents face in their children’s education: affordability and accessibility.
In essence, Tueetor is an online marketplace that matches learners and trainers based on a set of criteria they submit – subject, level, qualification, teaching experience, rate/budget; preferred time and location – automatically.
In the next two years, Tueetor plans to move into other Asia Pacific markets such as Thailand, Malaysia, Hong Kong, Taiwan, Shanghai and more cities in China. It has also set its sight on Japan and South Korea – the world’s largest private education market by value.
A mobile app, available in both iOS and Android, will also be launched in the next three months.
Tueetor will be launched progressively in the 16 countries iGroup operates.
“Unlike yesteryears, private tuition today is no longer considered a luxury. It is a supplement that helps students stay ‘in line’. This is especially so in our ultra-competitive Asian societies. And according to the figures by Forbes, North America and Europe are catching up too,” said Tan Han Sing, Tueetor’s Executive Director, in a press statement.
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