After completion of three successful batches, Edugild, an edtech accelerator, initiated by Maharashtra Institute of Technology (MIT) Pune has started the fourth batch of its accelerator programme. It will create a customized ecosystem to scale up five edtech startups from September 2017.
Edugild accelerator now has 21 edtech startups of which 6 are from overseas and the rest of India. Startups like Simulanis, Gradopedia, ClassBoat, Ahhaa, YoScholar, ProctorEdu have already raised funds. Edugild has also partnered with EPG UK, EdTech Israel, JMDedu China and has strategic alliances in the US and Australia.
With Edugild’s Vision of “Revenue first and Funding Later”, the fourth batch will go through a diagnostic boot camp on 8th and 9th Sept in Pune.
“The uniqueness of this batch is the diversity of the startups — ranging from robotics, artificial intelligence, overseas education consultants, virtual labs, creative learning to Film, TV, performing arts and design. Edugild aims to support talent that employs the latest technologies to address education-related challenges and expand existing markets or create new markets globally,” said Rishi Kapal, CEO of Edugild, reports ET.
Launched in June 2015, EduGild mentors and guides ed-tech startups on starting a company, pitching to venture capitalists, business management, customer acquisition and marketing, among other things.
Here is the brief summary of 5 selected startups:
Edvantics (Hyderabad):Founded by ISB Alumni and Ex Microsoft employees, Edvantics is creating an ecosystem of products and services, to help educational institutes and students across K-12 and Higher Education to realize their maximum potential and succeed.
KnowHassles (Mumbai): Founded by a problem solver and serial entrepreneur KnowHassles EdApt intends to provide accurate solutions to international students’ everlasting problems related to settlement in a foreign land in the form of concise mobile app.
Musein (Bengaluru): Founded by an IIM Kozhikode and IIT Madras alum, ex KPMG professional, Musein is a learning and mentorship community for people interested in creative areas like Film, TV, performing arts, design etc with access to
Vidya Robotics (Pune|Aurangabad): Using principles of Robotics, AI & IOT, Vidya Robotics is a consumer electronics company which is developing a host of educational robots for children’s edutainment. Their products aim at enhancing STEM skills in young minds above 8 years and making learning a fun activity for them.
TrisLabs (Bengaluru): Founded in August 2016 by BITS Pilani alumni Sahil Arora and Bhavesh Pandey, the company runs a collaborative online learning platform that provides on-the-go, virtual labs for students, teachers, and universities.