Category Archives: Education

Guru G featured in Government’s StartUp Initiative

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Investors pumped $9 billion into Indian startups in 2015 and the momentum continues with over $38 million invested in the first 10 days of 2016. India ranks third in the world for the number of startups, after the US and the UK. On January 16th 2016, the Prime Minister will formally launch the ‘StartUp India StandUp India’ initiative and share the government’s action plans to support early stage startups.

On this launch, global tech giant Google is set to host a live contest for early stage startups. They have made a long term commitment to help young entrepreneurs and startups achieve their vision and fuel India’s startup ecosystem. We are very proud to announce that one of five startups featured by Google is an IEIF investee – Guru G.

Guru G logo

Founded in May 2013, Guru-G converts existing content into adaptive teaching packs. These packs provide in-class guidance to teachers on different ways in which they can teach a topic. The guidance adapts to the teacher’s past behaviour, student moods & the practices that have resulted in best learning outcomes for their students. This makes it the easiest, least intrusive and most teacher-friendly way of ensuring that student performance improves.

Watch Google’s video promoting Guru G here.

Help Guru G reach out to more communities by voting for them!

* UPDATE * 

Guru G won the Peoples Choice Award! Thanks to everyone who voted for them. 

IEIF’s first two investments

We at CBA are happy to present that India Educational Investment Fund has made the first investments in two very interesting start-ups in the education sector; Report Bee in Chennai and Bangalore based Guru-G. Here is from yesterday’s press release:

India Educational Investment Fund (IEIF) has invested an undisclosed amount in two Indian education technology startup: Report Bee Edusys Pvt Ltd, a cloud-based deep learning platform and Guru-G Learning Labs (India) Pvt. Ltd, a gamified platform for teachers, according to a press release.

“Both companies function at the intersection of education, social impact and technology. Both promoters bring a high degree of commitment and passion to the education space while leveraging technology to enhance user experiences. It is a high-growth space where we are seeing a lot of exciting new ideas from young entrepreneurs,” said Vishal Bharat, director of Corporate Business Advisors, the investment manager for IEIF.

US-based IEIF, an early-stage impact investment fund focused on the educational sector, was established by Michael & Susan Dell Foundation. The fund seeks to invest in education startups that support urban, low income families in India.

Michael & Susan Dell Foundation that also makes direct early stage investments in India, has backed third-party social impact VC funds such as Unitus Seed Fund and Menterra Social Impact Fund (being set up by Villgro) since last year.

Meanwhile, this is the first round of funding for both the startups. Here’s a quick look at what they do.

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Founded in 2010 by Ananth Mani, Report Bee is a cloud-based deep learning platform for the education sector to measure and improve learning using data analytics which it claims is being used in 251 schools across Asia among more than 2,00,000 students and 10,000 teachers.

The firm will use the funding to accelerate product development and expand its footprint into domestic and international markets.

Mani, an IIM Bangalore alumnus, was working with Sankhyaa Pvt Ltd as head of technology before foundling this venture. Previously, he worked with Cognizant Technology Solutions and Times Internet Ltd.

“Report Bee’s platform provides powerful insights, which will have a significant impact on learning outcomes of students and quality of school. IEIF brings with a strong understanding of the education space which will help us in our growth journey,” said Mani.

Report Bee is also working with global publishers and leading education boards to provide useful insights on learning impact.

InteQuant Advisors acted as the sole advisor to Report Bee on this deal.

Guru G logo

Guru-G which was founded in 2013 by Amruth Ravindranath, an alumnus of BITS Pilani, claims to be the world’s first gamified platform for teaching and teacher training.

Prior to this, Ravindranath founded Vita Beans which has designed over 100 applications, games and products for education and assessment companies in India and North America.

The company plans to use the funds to expand its business in the schools as well as in the publishers market. It says it works with over 350 schools.

“There has been little fundamental change in the way teaching takes place in India in the last 50 years. We aim to change that with our scalable, content-agnostic platform, which makes it fun and easy for teachers to learn new ways of teaching. We have demonstrated our relevance and impact in markets as different as rural Rajasthan and the US. We are now mainly focused on scaling up our presence in schools as well as strengthening our product to meet B2C demand,” said Ravindranath.

The Echidna Global Scholars Program

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Are you a scholar pursuing research on global education issues with an emphasis on girls’ education? The Echidna Global Scholars Program allows you to leverage developing country perspectives while spending around five months at the Brookings Institution in Washington, D.C. Submit your application by December 19!

The Center for Universal Education at The Brookings Institution seeks to help build expertise on girls’ education policies and programs in developing countries. This program is designed to offer guest scholars from developing countries the opportunity to pursue their own independent research on global education issues with a specific focus on girls’ education. Echidna scholars will also be supported to develop and implement a plan to share their expertise with their home institution to further build research capacity and expertise. Check it out.

The Nobel Peace Prize winners

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Malala Yousafzai, at the age of just 17, is a strong voice against the oppression of children, gender discrimination and an ambassador for every girls right to an education. 

Kailash Satyarthi has been a strong force against child labour and child abuse in India for decades. He has helped free around 80,000 children from the clutches of slavery and child labour, helping many of them get an education instead. 

We at CBA are happy about the Nobel committee’s choice this year!