Pearson invests in Experifun…
Pearson Affordable Learning Fund (PALF), an education fund run by UK-based education company Pearson Plc, has invested Rs 1.6 crore (over $260,000) in Bangalore-based Experifun Learning Solutions Pvt Ltd, which designs next generation science learning aids.
As per the deal, Amar Kumar, senior vice president of Pearson will be joining the Experifun board.
Last November Experifun, along with another education startup Sudiksha Knowledge Solutions, had bagged a total of $150,000 from PALF and US-based Village Capital. Both were winners of the PALF’s 2013 Edupreneurs programme, a business incubator that invests in entrepreneurs focused on innovative products and services, which improve outcomes and access to education for learners from economically weaker sections.
Founded by a group of IIT and IIM graduates, Experifun designs and develops affordable and curriculum-based next-generation science exploratory gadgets for use in regular classroom sessions. The Experifun science kits allow students to engage in science experiments without the traditional science lab infrastructure. Caboodle contains various kits covering all science topics for a grade that allows teachers to conduct innovative science experiments and activities in the class room.