Unitus funded ed-tech startup LabInApp gets acquired by BYJU’s

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LabInApp enables K-12 students & teachers to perform curriculum-based science experiments in a real-time 3D computer graphics environment on desktops and mobile devices.

17th September 2020, Bengaluru: LabInApp, a Unitus Ventures’ investee company, was acquired by India’s leading edtech decacorn, Byju’s for an undisclosed amount. LabInApp offers science lab-like simulation on mobile devices, curating interactive and immersive learning experience for both students and teachers.

Will Poole, Managing Partner, Unitus Ventures expressed, “Acquisition of LabInApp by Byju’s during the course of a global pandemic exemplifies the growth story of innovative ed-tech solutions. Unitus remains steadfast in mentoring early stage start-ups applying advanced technology to meet the needs of India’s lower-income populations and supporting them to scale newer heights.”

“Technology has become the core to most human essentials, with ed-tech topping the chart; especially in the pandemic world. While schools have their set of challenges, students shouldn’t miss out on experiential learning. Keeping this in mind, we have created a virtual learning & teaching environment representing science laboratories where teachers can teach practical concepts to students”, said Pavan Shinde, Co-founder & CEO, LabInApp. He adds, “to further scale LabInApp’s products and potential, there is no better education platform than Byju’s, who have a huge number of K-12 students actively using their services.”

75% of the schools in India lack fully equipped science laboratories. The root of the problem is the lack of infrastructure and budget to support and maintain labs. Founded in 2015 by Pavan Shinde, Girish Shirigannavar, Pramod Ramdurg, and Vinayak Hulabutti, LabInApp addresses this problem using interactive learning experiences. The digital labs are enabled by virtual simulation of lab equipment and experiments without requiring an expensive laboratory setup. The solution now has more than 5000 schools on-board across India. Learning content in the form of 3D/2D interactive simulations appeals to students and helps them grasp tough concepts. A computer graphic engine used to build games on desktops and mobile devices is the core technology that powers these virtual lab science experiments.

There are 550 simulations on LabInApp, with more in various stages of development. Dealing with “Tough to Teach and Touch to Learn” problems, these simulations cover concepts across Physics, Chemistry, Biology and Math. This highly advanced technology is supported across all major platforms including Windows, Android, and web. The content is designed as per the NCERT guidelines and supports all major curriculum from Grades 06 to 12.

Unitus Ventures invested in LabInApp in 2015-16 along with Sylvant and Sandeep Maheshwari as angel investors. With Byju’s acquisition, Unitus will be exiting the company completely.

About LabInApp

LabInApp is on a mission to revolutionize science learning through 3-dimensional virtual graphics. It’s curriculum-mapped interactive software solution for K-12 in India, helps people to interact, visualize and explore science. It runs on low-cost Android tablets as well as on Windows desktops and notebooks, thereby utilizing the tech that’s increasingly available in even low-income schools across India More about i3 Systems >

About Unitus Ventures

Unitus Ventures is the leading venture fund in India that supports early-stage fintech, healthcare, and jobtech startups with India scale and global potential. Launched in 2012, Unitus Ventures is a founding member of Capria Network, the leading global network of emerging market fund managers collaborating to deliver superior returns and scaled impact. Unitus Ventures is based in Bangalore and Seattle. More about: https://unitus.vc and http://capria.vc/network

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