10 edtech startups who pitched their businesses at Eduthon’17
TiE Bangalore and Unitus Seed Fund recently organised Eduthon’17, a thought leadership platform created to drive conversations and solutions, that are transforming education, and learning needs in the country.
India holds an important place in the global education industry. The country has more than 1.5 million schools with over 260 million students and about 751 universities and 35,539 colleges.
Despite having one of the largest higher education systems in the world, there is still a lot of potential for India to further develop the education system.
TiE Bangalore and Unitus Seed Fund recently organised Eduthon’17, a thought leadership platform created to drive conversations and solutions, that are transforming education and learning needs in the country.
Madan Padaki, Founder and CEO of 1Bridge says: “ The state of education in India is like a coffee machine, where it makes a lot of noise/buzz but with produces very little output. It is reflective of our state at the moment, where a lot of people want to make a difference, but it becomes difficult to scale and achieve the desired results. It is a long-term commitment and that nothing great can happen overnight is a given. But, nevertheless, let us try.”
Eduthon’17 aims to capture the latest developments in the education ecosystem over the last one year, since EdTech Day 2016, to nurture a unique community of education experts in innovation and investment.
The event began with an expert panel of entrepreneurs who shared their insights on how they scaled their edtech ventures. The panellists included Sultan Ahmed, Managing Director at LXL Ideas; Jagadish Babu, Chief Operating Officer at Ekstep; Sanjoe Tom Jose, CEO at Talview; and Varun Kumar, Co-founder at Imax Program.
This was followed by the StartEdu Pitches, where 10 startups pitched their businesses to investors and an audience of startups, mentors, ecosystem enablers, advisors, and investors.
The 10 featured finalists of StartEdu competition by Unitus Seed Fund have been mentored by TiE and USF Network over the past month and were selected from 220 applications from across the country.
It is an online platform that connects job aspirants with industry experts. Ethnus claims to make every effort to plug the gap in aptitude, exposure, and interpersonal abilities of students and makes them industry-ready.
Since its inception in 2007, Ethnus claims to have trained over 6,00,000 students and have partnered with several engineering and undergraduate colleges in India.
Bookmytrainings.com provides a platform to discover, evaluate and book classroom, online, and self-learning training programmes.
Started in the year 2011 in Bengaluru, the portal publishes a calendar of over 2000 public classroom training programmes and certifications that are required for career up-skilling of working professionals. It claims to have tied up with over 400 training companies and offers training programmes in over 200 training areas (or domains) through the portal.
Founded by IIT graduates, Learnix has Aptence as its primary offering. It is a mental aptitude development platform designed to enhance the mathematical and verbal skills among school students. Students are provided with a personalised online training programme, that adapts over time, based on their performance.
It is a web platform that combines assessments, skill development and job placements, where job seekers can receive counselling, prepare for interviews and discover matching positions.
Mindchamp Teaching Solutions
They offer activity-based, fun learning classes for school children to bridge the gap between them and their counterparts in other parts of the world in the field of Computer Coding Education. using micro-franchisees.
IndigoLearn Edu Tech Private Limited
It is an e-learning and online coaching portal for Chartered Accountancy and accounting courses. It offers an expert faculty for video lectures and gamified evaluation. Think Byju’s for CA prepration.
Its product Teacher Mitra is an Android application for early childhood educators based on a comprehensive curriculum. Teacher Mitra enables teachers to improve student learning outcomes by executing scripted video lessons and strategies. It helps the school management assess teacher performance, based on reports presented by the app.
23.4 Degrees Education Services
The product – comprises lesson plans for the teacher and chapter-wise study booklets that replace the textbook. The product is sold to schools who in turn subscribe it for all students.
KareerMatrix is a predictive analytics driven recruitment platform that allows both students and recruiters to collaborate towards a recruitment process irrespective of their geographical location.
Gradufund is an education platform-based marketplace solution offering curated career guidance resources, and financial connects to solve the student's need.
The event came to a close with a panel of investors sharing their insights on the key things to look into, when a startup makes a pitch. The answers revolved around a founding team, total addressable market, and go-to-market strategies, among others.