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Edupreneurs: India 2013

Edupreneurs: India 2013

The Pearson Affordable Learning Fund (PALF) and Village Capital (VilCap) have partnered to recruit education start-ups across india for Edupreneurs, an exciting new 3 month business incubator with a twist.

PROGRAM OVERVIEW

Rather than asking analysts, panels, and prize committees to deem which innovations are worthwhile, the innovators themselves chose the two ventures that received funding. PALF and VilCap worked with 14** social impact education entrepreneurs, or “edupreneurs,” to complete a 12-week program from September to November (2013) focused on building their businesses and improving their investability.

 

The selected companies participated in workshops in which they were offered mentorship from other entrepreneurs, investors and professionals. These entrepreneurs then assessed one another against six criteria, with the top two ranking companies receiving up to $75,000 each drawn from $100,000 and $50,000 of capital committed by the Affordable Learning Fund and Village Capital, respectively.

 

“Pearson is proud to announce this unique initiative in collaboration with Village Capital. The program underscores our commitment to quality education in the country. Through this we hope to reach out to the brilliant minds who have the knowledge and the dedication to make a substantial difference in the domain of education and learning at the grass-root level.” – Ranu Kawatra, CEO and President, Pearson Education India

 

“We are thrilled to bring this programme to entrepreneurs striving to develop businesses that enhance outcomes and access for low-income learners in India. We’ve seen a lack of early support and risk capital in the low-cost education space and we are pleased to take the lead in creating a robust ecosystem for impact-oriented edupreneurs and incubate innovative models of education, to dramatically improve learning at scale.” – Katelyn Donnelly, Executive Director, PALF

 

“We’re incredibly excited to combine PALF and Pearson’s education expertise, with our peer review model, to drive greater impact in learning outcomes. In our experience launching 20 programs in India, the US, the UK, Kenya, and Brazil, entrepreneurs investing in each other uncover innovations no one would have anticipated – and universally engage in the process in an astoundingly collegial and disciplined way.” – Ross Baird, Executive Director, VilCap

COMPANIES

40K Plus

The 40K Foundation runs an after-school education program for children in India by utlising electronic tablets and gamified learning.

Callystro Infotech Private Limited

Callystro is an award winning learning games company that believes in leveraging games as a means to bring about positive changes in lives.

Edwell Solutions Private Limited

Edwell aims to provide low cost multimedia based education to budget private school serving low & middle income earning communities across India.

Effect International

Effect.org is a nonprofit that operates schools in India, providing education to children that need it the most.

Experifun

Experifun brings a first-of-its-kind innovation-based learning platform to urban and rural schools.

Magic Pathshala

Magic Pathshala creates award-winning products that help students learn better, and teachers teach better around the world

Mango Reader

MangoReader is a children's books and creative story writing platform.

RMinds Education

RMinds Education is a professionally-driven School Development initiative with the sole objective of creating an engaging environment in institutions.

Sage School

Scholowiz Educational Solutions

SEED Edu Corp

SEED Schools focuses on integration of technology in core curriculum along with teacher training support to enhance the learning outcomes

Sudiksha

Sudiksha educates and empowers local women to run pre-schools in India.

TeachersLikeMe

TeachersLikeMe is enabling low-cost teacher education through technology.

Teer Design

Teer Design's flagship product Classalyze enables teachers to create & deliver high quality assessments through an intelligent online question bank.

PEER-SELECTED COMPANIES

PARTNERS