These 2 Peer-selected Start-ups Shared $150K Investment To Boost Low-cost Education
Global education leader Pearson’s inaugural edupreneur programme, jointly launched by Pearson Affordable Learning Fund (PALF) and US-based investor Village Capital, came to a close with Experifun and Sudiksha Knowledge Solutions walking off with a seed funding of $75,000 each. The investments will enable the start-ups to further develop their low-cost education ventures and assist underprivileged school children.
Set up by a small group of IIT and IIM alumni and teachers, Bangalore-based Experifun (www.experifun.com) is a science curriculum and toolkit provider that is price-point accessible to schools serving the poor. To date, the start-up has sold to 40 schools in a pilot and is looking to scale. Its flagship offering is Caboodle – an all-in-one box complete with various kits that cover all science topics for a grade. Only one box is required per classroom to make science learning and classroom experiments fun, easy and interactive. The start-up currently caters to Standard III-VIII and its products are suitable for both urban and rural schools.