Five enterprises aiding the education sector
Catering to an ever-growing demand for application based simplified methods of teaching, a slew of entrepreneurs are betting big on the sector.
What better sector to show one's entrepreneurial prowess than education? Catering to an ever-growing demand for application based simplified methods of teaching and facilitating both government and private education initiatives, a slew of entrepreneurs are betting big on the sector.
For some, the large volume of business and the prestige of being recognised as a technology supplier to government-run institutions is proving to be attractive for a number of young companies.
Founded by: Gagan Goyal & Gaurav Chaturvedi
As a student of mechanical engineering at IIT Bombay (2000-4), Gagan Goyal's extra-curricular activities, particularly in robotics, overshadowed the lack of academic excellence.
After quiting his job, Goyal put together Rs 1.5 lakh from his savings, and asked some juniors from IIT-B to help design a robotics kit. The content was centred on teaching the basics of mechanical engineering to junior college students. By February 2006, they were ready with the finished product and organised a small programme at the College of Engineering, Pune. Buoyed by the success, Goyal incorporated the company as ThinkLABSTechnosolutions in October.
Soon Gaurav Chaturvedi, his batchmate at IIT-B, came on board as a co-founder. Today, they have 200 schools and 28 colleges in India as clients, but this is a high traction space. In the next three years, they are hoping to hit the Rs 50 crore mark.
iNurture Education Solutions
Founder: Ashwin Ajila
The company works with industry experts to create custom undergraduate and postgraduate courses in areas such as creative management, mobile application technology and animation. iNurture conducts these courses in partnership with government and private universities, who provide the actual degree.
iNurture has partnered with around 15 universities and colleges, including state institutions such as Gujarat University, Jaipur National University and Jawaharlal Nehru Architecture and Fine Arts University.
Founders: Anantharaman Mani, Anjan T, Balaganesh S & Vinod Kumar
Report Bee has revamped the report card into an interactive digital application. Teachers can track the progress of a single student, see a class' overall performance and compare classes on a single sheet.
Report Bee is piloting in 64 government schools in Tamil Nadu. It is also piloting in fiveChennai Corporation schools. The startup has undertaken three data analysis projects forTamil Nadu Government Education Department.
Founders: Rupesh Shah & Sridhar Iyer
InOpen Technologies offers Computer Masti, a learning programme that uses animation, games and other interactive multimedia tools to impart computer science education at the school level.
InOpen works with the Assam Government through a partnership with Assam Electronics Development Corporation to provide computer education to around four lakh students.
Founders: J Jeyappriadhevi & Jayavijayan
Kriyative Education has created NCERT-based content and teacher training that follows the neuro-cognitive methodology, which helps kids learn naturally with everyday examples.
It is working with Cognizant Technology Solutions' Project Outreach and provides content, material and training to volunteers to deliver education to over 110 government schools across India.
Source : By ECONOMICTIMES.COM