One Hundred Thirty Seven Applicants, Ten Finalists, Five Jury Members, Three Hour Pitch Fest; Les Transformations Emerges as Runner-Up
28 September, 2015. Bangalore. India: Unitus Ventures (formerly Unitus Seed Fund) and Sylvant Advisors are pleased to announce that HashLearn emerged as the winner of the third edition of StartEdu competition. HashLearn won a prize of five lakh rupees ($7,500) and a chance to pitch to Unitus Ventures (formerly Unitus Seed Fund) for a seed investment of up to INR 1cr ($151,000), while the runner-up Les Transformation won the opportunity to receive ongoing mentoring and incubation support from one of our Speed2Seed accelerator partners. The top 10 finalists pitched to a panel of experts in India education startups, including Madan Padaki of Sylvant Advisors, Srikanth Iyer formerly of Pearson Education, Anand Daniel of Accel Partners, Alok Mittal formerly of Canaan Partners, and Will Poole of Unitus Ventures (formerly Unitus Seed Fund).
Competition for this third edition of StartEdu was intense. We received a total of 137 applications. After multiple rounds of screening and selection, we brought the final shortlist to a total of 10 companies.
India’s first on-demand mobile tutoring platform connecting students with authentic tutors from India’s premier engineering colleges.
Les Transformations is successfully working towards transforming teachers with the use of psychology, data innovation and technology.
“The ten finalists all presented passionate and compelling plans to improve education in India using for-profit and sustainable business models,” said Will Poole, managing partner of Unitus Ventures (formerly Unitus Seed Fund). “Selecting a winner and runner-up was not easy. We wish all of the contestants the most success as they develop their businesses.”
Other finalists include:
BodhiSutra– Get working professionals fluent in English through live one-on-one practice sessions with trainers all over India on mobile.
Buddy4Study– Buddy4Study connects thousands of scholarship schemes to needy, talented students & helps them in their application process on time.
Edufactors Pvt. Ltd. – Parent driven program for kids of ages 5 to 12 which contains 1 tutor sheet and 5 worksheets for the kids to do the following week Monday through Friday.
LearnAnand Technologies– WordsMaya helps students and professionals improve communication English through WhatsApp.
Learnapt– They bring together Art, Pedagogy, and Technology to build a network of learners, mentors, and publishers, and create memorable learning experiences.
Nexus Consulting– Nexus makes knowledge fun and interesting for audiences through curated content & quizzes, and delivers education, entertainment & engagement.
Vibrant International Training & Consulting Private Limited– Campus placements for final year Engg & MBA students by training them on all pre-requisites as required by the prospective employers.
YoungCurrent– News for Kids, aggregated from child-friendly news publishers and served to each child’s reading abilities, personalized with assessments & reports! #EdTech #KidsNews.
We’d also like to thank our Speed2Seed partners who worked extensively with our finalists, providing them mentoring and support.
About Unitus Ventures (formerly Unitus Seed Fund)
The $23 million Unitus Ventures (formerly Unitus Seed Fund) is the leading impact venture seed fund investing in startups innovating for the masses in India. Unitus invests in sectors including healthcare, education, mobile & consumer, retail & ecommerce, financial services, and agriculture. Founded in 2012, Unitus Ventures (formerly Unitus Seed Fund) is part of the Unitus Group, a premier financial services group operating in India and other emerging markets since 2000. Unitus Ventures (formerly Unitus Seed Fund) is based in Bangalore and Seattle. More about Unitus Ventures (formerly Unitus Seed Fund) >